LJ personal page - To The Moon

LJ

No personal profile

31Follow

8Followers

1Topic

0Badge

2023-06-06

I guess iphone 15 seems more attractive than a $3,500 headset

Is Apple Stock a Buy After WWDC?

2023-05-21

All in on Nvidia

Nvidia's ChatGPT Windfall

2022-06-16

Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost

Sorry, the original content has been removed

2022-03-17

Expensive fuel cost

Oil Climbs Above $100 as Putin Casts Doubt on Talks With Ukraine

2022-02-07

Bye Buy tesla

Tesla Subpoenaed by SEC About Complying With Musk Settlement

2022-03-26

Ok

US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump

2021-06-20

Ridiculous

Beware these risky tech stocks in your portfolio, strategist Parker warns

2022-12-15

$Vanguard S&P 500 ETF(VOO)$ Recession is around the corner, Feds interest ratehike is just the beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king

2022-02-16

CPF compounding safer?

How $200 Per Month Could Make You a Stock Market Millionaire

2023-07-05

This will reduce consuner reliance on oil, and look for other alternative sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla

Oil Rallies After Saudi Arabia and Russia Announce Supply Curbs

2022-05-31

Jia lat

Sorry, the original content has been removed

2022-02-16

Buy the dip

Sorry, the original content has been removed

2022-02-05

Facebook no more

For Meta, a Cheap Stock Isn’t Enough

2023-10-13

Share your opinion about this news…

Outset Medical Shares Plunge 36% After Lowering Revenue Guidance

2022-11-26

@SR050321 here is another post made previously for dividend harvesting, hope this helps

Dividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions

2022-06-06

Wait for me

Sorry, the original content has been removed

2022-04-07

Ok

Sorry, the original content has been removed

2023-05-29

Costly mistake. Time to short

Netflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock

2022-09-05

Long oil

OPEC+ Agrees to Make Token Supply Cut to Steady Oil Market

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3576459158848626","uuid":"3576459158848626","gmtCreate":1613366189402,"gmtModify":1639999946317,"name":"LJ","pinyin":"lj","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":8,"headSize":31,"tweetSize":30,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":1,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":2,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.25","exceedPercentage":"80.92%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.13","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":3,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":6,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":229974040317952,"gmtCreate":1697187780778,"gmtModify":1697187785041,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229974040317952","repostId":"2375957531","repostType":2,"repost":{"id":"2375957531","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1697187000,"share":"https://ttm.financial/m/news/2375957531?lang=&edition=fundamental","pubTime":"2023-10-13 16:50","market":"us","language":"en","title":"Outset Medical Shares Plunge 36% After Lowering Revenue Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2375957531","media":"Dow Jones","summary":"Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday's close. Shares are down 74% this year.The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, ","content":"<html><head></head><body><p>Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.</p><p>The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday&#39;s close. Shares are down 74% this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb1022c4caa30e378c08adad0c9dbfe\" tg-width=\"843\" tg-height=\"624\"/></p><p>The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, according to FactSet.</p><p>Outset said it expects full-year revenue of $130 million, compared with prior guidance of $140 million to $150 million. Analysts polled by FactSet expected revenue of $144.6 million.</p><p>Chief Executive Leslie Trigg said the company saw a larger-than-expected impact in the field from a recent Food and Drug Administration warning letter. The company is also expecting headwinds from more cautious capital spending in the fourth quarter.</p><p>Outset said it didn&#39;t see any deals fall out of its pipeline.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Outset Medical Shares Plunge 36% After Lowering Revenue Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOutset Medical Shares Plunge 36% After Lowering Revenue Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-10-13 16:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.</p><p>The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday&#39;s close. Shares are down 74% this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb1022c4caa30e378c08adad0c9dbfe\" tg-width=\"843\" tg-height=\"624\"/></p><p>The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, according to FactSet.</p><p>Outset said it expects full-year revenue of $130 million, compared with prior guidance of $140 million to $150 million. Analysts polled by FactSet expected revenue of $144.6 million.</p><p>Chief Executive Leslie Trigg said the company saw a larger-than-expected impact in the field from a recent Food and Drug Administration warning letter. The company is also expecting headwinds from more cautious capital spending in the fourth quarter.</p><p>Outset said it didn&#39;t see any deals fall out of its pipeline.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OM":"Outset Medical Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2375957531","content_text":"Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday's close. Shares are down 74% this year.The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, according to FactSet.Outset said it expects full-year revenue of $130 million, compared with prior guidance of $140 million to $150 million. Analysts polled by FactSet expected revenue of $144.6 million.Chief Executive Leslie Trigg said the company saw a larger-than-expected impact in the field from a recent Food and Drug Administration warning letter. The company is also expecting headwinds from more cautious capital spending in the fourth quarter.Outset said it didn't see any deals fall out of its pipeline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194454235807856,"gmtCreate":1688512302138,"gmtModify":1688512306102,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"This will reduce consuner reliance on oil, and look for other alternative&nbsp;sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla","listText":"This will reduce consuner reliance on oil, and look for other alternative&nbsp;sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla","text":"This will reduce consuner reliance on oil, and look for other alternative sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194454235807856","repostId":"1180321845","repostType":2,"repost":{"id":"1180321845","pubTimestamp":1688511983,"share":"https://ttm.financial/m/news/1180321845?lang=&edition=fundamental","pubTime":"2023-07-05 07:06","market":"fut","language":"en","title":"Oil Rallies After Saudi Arabia and Russia Announce Supply Curbs","url":"https://stock-news.laohu8.com/highlight/detail?id=1180321845","media":"Bloomberg","summary":"Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were s","content":"<html><head></head><body><p>Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.</p><p>West Texas Intermediate climbed about 2% in New York, though volumes were subdued due to the July 4 holiday in the US. In a flurry of announcements Monday, Saudi Arabia said it will prolong a unilateral 1 million barrel-a-day supply reduction into August, while Russia declared a cut in exports and output. Algeria planned to make more modest curbs.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec5908f5775cdbcce5e600a4c82a352a\" tg-width=\"729\" tg-height=\"426\"/></p><p>Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.</p><p style=\"text-align: start;\">Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.</p><p>Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.</p><p style=\"text-align: start;\">Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Rallies After Saudi Arabia and Russia Announce Supply Curbs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Rallies After Saudi Arabia and Russia Announce Supply Curbs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-05 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-07-04/latest-oil-market-news-and-analysis-for-july-4><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-04/latest-oil-market-news-and-analysis-for-july-4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-07-04/latest-oil-market-news-and-analysis-for-july-4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180321845","content_text":"Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were subdued due to the July 4 holiday in the US. In a flurry of announcements Monday, Saudi Arabia said it will prolong a unilateral 1 million barrel-a-day supply reduction into August, while Russia declared a cut in exports and output. Algeria planned to make more modest curbs.Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184451139522680,"gmtCreate":1686056619896,"gmtModify":1686056623862,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"I guess iphone 15 seems more attractive than a $3,500 headset","listText":"I guess iphone 15 seems more attractive than a $3,500 headset","text":"I guess iphone 15 seems more attractive than a $3,500 headset","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184451139522680","repostId":"1144523554","repostType":2,"repost":{"id":"1144523554","pubTimestamp":1686038782,"share":"https://ttm.financial/m/news/1144523554?lang=&edition=fundamental","pubTime":"2023-06-06 16:06","market":"us","language":"en","title":"Is Apple Stock a Buy After WWDC?","url":"https://stock-news.laohu8.com/highlight/detail?id=1144523554","media":"Fortune","summary":"Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, ","content":"<html><head></head><body><p>Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, its first major new product in nearly a decade. </p><p>The headset was unveiled at the company’s annual Worldwide Developers Conference, which began at 1 p.m. Monday. And after the stock price reached a record intraday high of $184.90 at around 1:15 p.m., it slid back down, giving up the gains and finishing the regular session down roughly 1% at $179.58.</p><p>Analysts estimated that the headset would be priced at $2,500 to $3,000, but the product was priced higher at $3,500. Vision Pro will be for sale in early 2024, and sales predictions range widely from 150,000 to 1 million units. Analysts expect that the device will initially appeal to “early adopters” and software developers, with future, lower-priced versions clicking within average consumers.</p><p style=\"text-align: start;\">The mixed reality headset allows users to interact with digital objects overlaid onto their surrounding environments, transforming the experience of apps like FaceTime, web search, and streaming. The device features 3D-gaming and movie-watching settings, as well as immersive ways to view personal video and photo albums to “relive your most important memories in an entirely new way.”</p><p style=\"text-align: start;\">Apple partnered with Disney and Unity for the launch, allowing users to stream Disney+ and play Unity games on the headset beginning day one.</p><p style=\"text-align: start;\">Analysts predicted that the product could push Apple close to a $3 trillion valuation, depending on first-year sales. The tech giant previously touched the $3 trillion mark in early 2022. The company is currently valued at $2.82 trillion, and some analysts forecasted that Vision Pro could add over $40 billion to its market cap. </p><h2 style=\"text-align: left;\">Apple: Ripe For Disappointment After WWDC</h2><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Apple unveiled new Mac products and its mixed reality headset, Vision Pro, at WWDC, but shares pulled back from all-time highs.</p></li><li><p>The stock may be overextended, and the Vision Pro&#39;s high price and 2024 launch date disappointed investors.</p></li><li><p>Apple shares typically underperform during WWDC week, and the stock may face near-term technical pressure.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dee21c569fa535a2d6ceaa4ce814d7e6\" alt=\"Andrii Yalanskyi\" title=\"Andrii Yalanskyi\" tg-width=\"750\" tg-height=\"497\"/><span>Andrii Yalanskyi</span></p><p>On Monday, technology giant Apple (NASDAQ:AAPL) kicked off its annual Worldwide Developers Conference (&#34;WWDC&#34;). This year&#39;s event was likely the most anticipated gathering in several years, as everyone was waiting to see the company unveil its mixed reality headset. Apple delivered its first major new piece of hardware in years, while showing off some other new products, but shares of the stock did not react well to the news. Today, I&#39;d like to examine why that might have happened.</p><p>For those who are unfamiliar with WWDC, it&#39;s not traditionally a major product event. It&#39;s mostly a chance for management to show off new software and the brains that will enable the next generation of Apple devices. While there can be some new devices shown off from time to time, the company usually holds its flagship product launch event in September. That&#39;s when we see the new set of iPhones, as well as some other items for the upcoming holiday season.</p><p>This year&#39;s event did feature a couple of new items, primarily for the Mac line. Apple unveiled a 15-inch MacBook Air, the larger screen version of the lightweight laptop that was unveiled at WWDC 2022. The company also introduced the Mac Studio and Mac Pro, both with the powerful M2 Ultra chips. The key part is that Apple has fully transitioned to its own silicon here, moving away from Intel (INTC), which saw its shares tumble on the news.</p><p>Apple did unveil its mixed reality headset on Monday, Vision Pro, after years of speculation regarding the device. Management spent a bunch of time early on mentioning business uses. That&#39;s because the device is priced at $3,499, so it&#39;s not likely to be a mass market consumer product. Social media giant Meta Platforms (META) has a much more reasonably-priced device that has more traditional consumer appeal. Apple is partnering with Disney (DIS) for content, with Disney CEO Bob Iger appearing on stage to tout what he called &#34;a revolutionary platform.&#34; Disney+ programming will be available on the device at launch. Apple also announced a partnership with Unity Software (U), sending shares of that company nicely higher.</p><p>Apple shares have been on a nice run so far this year. The stock actually hit a new all-time high during Monday&#39;s trading, just under $185, before pulling back. At that point, as the chart below shows, the stock was more than $16 above its 50-day moving average. This is usually where shares look a bit extended, and the rally can fizzle out.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdf37f450baacf848df030eba794fc8c\" alt=\"Apple Last 12 Months (Yahoo! Finance)\" title=\"Apple Last 12 Months (Yahoo! Finance)\" tg-width=\"640\" tg-height=\"271\"/><span>Apple Last 12 Months (Yahoo! Finance)</span></p><p>At the same time, Apple may be fully valued at current levels according to the street. Going into Monday&#39;s event, the average price target among analysts was $180.48, which is pretty much exactly where Apple shares traded when I started writing this particular paragraph. This is another area where the stock has stalled out, only getting above this average valuation a handful of times in the last three years.</p><p>One of the reasons why the headset was so important for Apple was that expectations were calling for an acceleration in revenue growth later this year. Analysts were projecting Apple&#39;s top line would grow by more than 7.5% in the all-important December quarter (Apple&#39;s fiscal Q1). On one hand, last year&#39;s period was meaningfully supply constrained due to China coronavirus shutdowns. That means that the comparison bar for 2023 is lower than it might normally be. On the other hand, however, the 2022 holiday period was 14 weeks long due to how the calendar fell, so Apple will have one less sales week in this year&#39;s period. Unfortunately, the new headset won&#39;t be launched until early 2024, so that won&#39;t help sales in any calendar 2023 periods. That news sent Apple shares down more than 1% in late afternoon trading.</p><p>It would not surprise me if Apple shares see some pressure in the near term. Beyond the technicals that show the stock may be overextended, WWDC week is generally one of the worst for Apple shares. This is usually because going into the annual event, expectations are tremendously high, so not everyone is satisfied when you have so many rumors coming out beforehand. As the table below shows, the stock usually trades down during the week of the event, with a minus 2.45% average performance over the past 22 years. In the 17 years here where Apple has been down this one particular week, the average decline is nearly 4%. In 2014, the asterisk week, Apple shares were set for a 7 for 1 stock split the following week, which may explain why that week was an outlier.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5831d86ec6954fcaf987d8a0f9f27a4e\" alt=\"WWDC Performance (Yahoo! Finance)\" title=\"WWDC Performance (Yahoo! Finance)\" tg-width=\"446\" tg-height=\"481\"/><span>WWDC Performance (Yahoo! Finance)</span></p><p>In the end, Apple shares pulled back from their all-time highs on Monday during the WWDC keynote. Apple did unveil some nice new Macs, and the really expensive mixed reality headset was finally shown off. The stock tumbled a little when the device&#39;s availability was revealed to come in early 2024, meaning no revenue help in this year&#39;s holiday period. WWDC week usually isn&#39;t a good one for Apple shares to begin with, and the stock was certainly overextended in the near term. This turned out to be another &#34;buy the rumor, sell the news&#34; event. I wouldn&#39;t rush in to buy the stock just yet, especially with another potential Fed hike coming soon, but I&#39;ll take another look at shares should they get closer to the 50-day moving average in the coming weeks.</p><p><strong><em>Note: This article combines Fortune and Seeking Alpha for reference only, please be aware of the risks.</em></strong></p></body></html>","source":"lsy1618285953446","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock a Buy After WWDC?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple Stock a Buy After WWDC?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-06 16:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://fortune.com/2023/06/05/apple-just-revealed-its-biggest-new-product-category-in-years-and-its-stock-price-dropped/><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, its first major new product in nearly a decade. The headset was unveiled at the company’s annual ...</p>\n\n<a href=\"https://fortune.com/2023/06/05/apple-just-revealed-its-biggest-new-product-category-in-years-and-its-stock-price-dropped/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://fortune.com/2023/06/05/apple-just-revealed-its-biggest-new-product-category-in-years-and-its-stock-price-dropped/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144523554","content_text":"Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, its first major new product in nearly a decade. The headset was unveiled at the company’s annual Worldwide Developers Conference, which began at 1 p.m. Monday. And after the stock price reached a record intraday high of $184.90 at around 1:15 p.m., it slid back down, giving up the gains and finishing the regular session down roughly 1% at $179.58.Analysts estimated that the headset would be priced at $2,500 to $3,000, but the product was priced higher at $3,500. Vision Pro will be for sale in early 2024, and sales predictions range widely from 150,000 to 1 million units. Analysts expect that the device will initially appeal to “early adopters” and software developers, with future, lower-priced versions clicking within average consumers.The mixed reality headset allows users to interact with digital objects overlaid onto their surrounding environments, transforming the experience of apps like FaceTime, web search, and streaming. The device features 3D-gaming and movie-watching settings, as well as immersive ways to view personal video and photo albums to “relive your most important memories in an entirely new way.”Apple partnered with Disney and Unity for the launch, allowing users to stream Disney+ and play Unity games on the headset beginning day one.Analysts predicted that the product could push Apple close to a $3 trillion valuation, depending on first-year sales. The tech giant previously touched the $3 trillion mark in early 2022. The company is currently valued at $2.82 trillion, and some analysts forecasted that Vision Pro could add over $40 billion to its market cap. Apple: Ripe For Disappointment After WWDCSummaryApple unveiled new Mac products and its mixed reality headset, Vision Pro, at WWDC, but shares pulled back from all-time highs.The stock may be overextended, and the Vision Pro's high price and 2024 launch date disappointed investors.Apple shares typically underperform during WWDC week, and the stock may face near-term technical pressure.Andrii YalanskyiOn Monday, technology giant Apple (NASDAQ:AAPL) kicked off its annual Worldwide Developers Conference (\"WWDC\"). This year's event was likely the most anticipated gathering in several years, as everyone was waiting to see the company unveil its mixed reality headset. Apple delivered its first major new piece of hardware in years, while showing off some other new products, but shares of the stock did not react well to the news. Today, I'd like to examine why that might have happened.For those who are unfamiliar with WWDC, it's not traditionally a major product event. It's mostly a chance for management to show off new software and the brains that will enable the next generation of Apple devices. While there can be some new devices shown off from time to time, the company usually holds its flagship product launch event in September. That's when we see the new set of iPhones, as well as some other items for the upcoming holiday season.This year's event did feature a couple of new items, primarily for the Mac line. Apple unveiled a 15-inch MacBook Air, the larger screen version of the lightweight laptop that was unveiled at WWDC 2022. The company also introduced the Mac Studio and Mac Pro, both with the powerful M2 Ultra chips. The key part is that Apple has fully transitioned to its own silicon here, moving away from Intel (INTC), which saw its shares tumble on the news.Apple did unveil its mixed reality headset on Monday, Vision Pro, after years of speculation regarding the device. Management spent a bunch of time early on mentioning business uses. That's because the device is priced at $3,499, so it's not likely to be a mass market consumer product. Social media giant Meta Platforms (META) has a much more reasonably-priced device that has more traditional consumer appeal. Apple is partnering with Disney (DIS) for content, with Disney CEO Bob Iger appearing on stage to tout what he called \"a revolutionary platform.\" Disney+ programming will be available on the device at launch. Apple also announced a partnership with Unity Software (U), sending shares of that company nicely higher.Apple shares have been on a nice run so far this year. The stock actually hit a new all-time high during Monday's trading, just under $185, before pulling back. At that point, as the chart below shows, the stock was more than $16 above its 50-day moving average. This is usually where shares look a bit extended, and the rally can fizzle out.Apple Last 12 Months (Yahoo! Finance)At the same time, Apple may be fully valued at current levels according to the street. Going into Monday's event, the average price target among analysts was $180.48, which is pretty much exactly where Apple shares traded when I started writing this particular paragraph. This is another area where the stock has stalled out, only getting above this average valuation a handful of times in the last three years.One of the reasons why the headset was so important for Apple was that expectations were calling for an acceleration in revenue growth later this year. Analysts were projecting Apple's top line would grow by more than 7.5% in the all-important December quarter (Apple's fiscal Q1). On one hand, last year's period was meaningfully supply constrained due to China coronavirus shutdowns. That means that the comparison bar for 2023 is lower than it might normally be. On the other hand, however, the 2022 holiday period was 14 weeks long due to how the calendar fell, so Apple will have one less sales week in this year's period. Unfortunately, the new headset won't be launched until early 2024, so that won't help sales in any calendar 2023 periods. That news sent Apple shares down more than 1% in late afternoon trading.It would not surprise me if Apple shares see some pressure in the near term. Beyond the technicals that show the stock may be overextended, WWDC week is generally one of the worst for Apple shares. This is usually because going into the annual event, expectations are tremendously high, so not everyone is satisfied when you have so many rumors coming out beforehand. As the table below shows, the stock usually trades down during the week of the event, with a minus 2.45% average performance over the past 22 years. In the 17 years here where Apple has been down this one particular week, the average decline is nearly 4%. In 2014, the asterisk week, Apple shares were set for a 7 for 1 stock split the following week, which may explain why that week was an outlier.WWDC Performance (Yahoo! Finance)In the end, Apple shares pulled back from their all-time highs on Monday during the WWDC keynote. Apple did unveil some nice new Macs, and the really expensive mixed reality headset was finally shown off. The stock tumbled a little when the device's availability was revealed to come in early 2024, meaning no revenue help in this year's holiday period. WWDC week usually isn't a good one for Apple shares to begin with, and the stock was certainly overextended in the near term. This turned out to be another \"buy the rumor, sell the news\" event. I wouldn't rush in to buy the stock just yet, especially with another potential Fed hike coming soon, but I'll take another look at shares should they get closer to the 50-day moving average in the coming weeks.Note: This article combines Fortune and Seeking Alpha for reference only, please be aware of the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979076341,"gmtCreate":1685372147884,"gmtModify":1685372152864,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Costly mistake. Time to short","listText":"Costly mistake. Time to short","text":"Costly mistake. Time to short","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979076341","repostId":"2338435213","repostType":2,"repost":{"id":"2338435213","pubTimestamp":1685370753,"share":"https://ttm.financial/m/news/2338435213?lang=&edition=fundamental","pubTime":"2023-05-29 22:32","market":"us","language":"en","title":"Netflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2338435213","media":"Motley Fool","summary":"The company is gambling that customers won't cancel.","content":"<html><head></head><body><p><strong>Netflix</strong> has finally done it -- it&#39;s begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about exactly when it would clamp down, and what that enforcement would look like.</p><p>But now that the streamer has put its flag in the sand, some may question whether Netflix has made a savvy choice. Could it turn out to be a big mistake? Let&#39;s break it down.</p><h2>The &#34;100 million&#34; issue</h2><p>After losing millions of subscribers in the first half of fiscal 2022, Netflix decided it was time to deal with the approximately 100 million viewers accessing its content via other people&#39;s login details (also known as &#34;sub accounts&#34;). The company explained that, while subscriber accounts can host multiple profiles, there has been &#34;confusion&#34; among its users, leading to wide-scale account-sharing between households.</p><p>Netflix has long known that its customers were freely passing their login details to others, but for years the company framed it as a net positive.</p><p>&#34;We love people sharing Netflix,&#34; said founder and chairman Reed Hastings in 2016. &#34;It hasn&#39;t really been a problem,&#34; he proclaimed, suggesting that the practice induces nonpaying viewers to eventually sign up for their own accounts.</p><p>Of course, we now know Netflix&#39;s sub-account theory didn&#39;t work as it might have hoped, and so the company has been trying a different strategy -- charging subscribers for password-sharing.</p><h2>Subscriber revolt</h2><p>In March 2022, Netflix began testing a scheme in several Latin American markets, billing users approximately $2 to $3 extra a month for sharing accounts with other households. The practice caught many customers off-guard, leading to complaints. Despite this, Netflix opted to expand its testing to more countries, only to be met by further resistance.</p><p>In September 2022, Netflix introduced sub-account charges in Argentina, where many promised on social media to cancel their accounts. It&#39;s unclear how many ultimately terminated their subscriptions, but the following month, Netflix suspended the pricing trial in Argentina, along with several other Latin American countries.</p><h2>Clamping down on its biggest markets</h2><p>Netflix earmarked the first quarter of 2023 to introduce sub-account fees in the U.S. and the U.K. -- two of its biggest markets by user penetration. However, the streamer subsequently delayed the plan until Q2, acknowledging it had seen some &#34;initial cancel reaction&#34; in other countries, and therefore wanted to make improvements.</p><p>Netflix has now started contacting customers who have sub accounts, informing them of their options: Profiles can be transferred to a stand-alone subscription, or the account holder can pay an extra monthly fee. In the U.S., the cost of each added member is $7.99 per month, while in the U.K. it&#39;s 4.99 pounds (roughly $6.20). Additionally, Standard plan subscribers can only add one member, while Premium customers are capped at two. Subscribers on Netflix&#39;s Standard with Ads or Basic plans cannot add any extra members.</p><h2>A risky strategy for boosting numbers</h2><p>The eagle-eyed might note that, at $7.99 a month, the cost of adding an additional member in the U.S. is $1 more than Netflix&#39;s entry-level $6.99 a month Standard with Ads plan. (&#34;Standard with Adverts&#34; is 4.99 pounds a month in the U.K.) Between this and the caps on added members for Netflix&#39;s higher-cost plans, it seems the company is hoping sub-account fees will help drive new sign-ups for lower-cost offerings.</p><p>In effect, the streamer may be trying to leverage the crackdown as a way to boost its overall subscriber numbers. Netflix has indicated as much, noting that its delayed clampdown was also about finding a solution that &#34;best serves the long-term business goals.&#34; But there are also notable risks -- not least of which is a bigger-than-anticipated &#34;cancel reaction.&#34;</p><p>Last year, Aluma Insights published a study that showed 13% of U.S. respondents said they would cancel their Netflix accounts if the company tried to charge them an additional $3 per month for sub accounts. While there&#39;s no knowing how that figure changes now that Netflix has announced extra fees of almost $8 per month, one can speculate that the rate of those saying they&#39;d cancel would probably go up.</p><p>To Netflix stakeholders, the company seems to be in a bind: Allowing 100 million non-paying viewers is leaving money on the table, but upsetting customers also has real implications. After all, look at Argentina.</p><p>Investors considering what to do may want to hold off until Netflix publishes its next set of numbers. If the streamer manages to offset cancellations with new sign-ups, then it might have hit on the right formula. But if it doesn&#39;t, Netflix may have made a costly mistake.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/27/netflix-is-officially-charging-for-account-sharing/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix has finally done it -- it's begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/27/netflix-is-officially-charging-for-account-sharing/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2023/05/27/netflix-is-officially-charging-for-account-sharing/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338435213","content_text":"Netflix has finally done it -- it's begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about exactly when it would clamp down, and what that enforcement would look like.But now that the streamer has put its flag in the sand, some may question whether Netflix has made a savvy choice. Could it turn out to be a big mistake? Let's break it down.The \"100 million\" issueAfter losing millions of subscribers in the first half of fiscal 2022, Netflix decided it was time to deal with the approximately 100 million viewers accessing its content via other people's login details (also known as \"sub accounts\"). The company explained that, while subscriber accounts can host multiple profiles, there has been \"confusion\" among its users, leading to wide-scale account-sharing between households.Netflix has long known that its customers were freely passing their login details to others, but for years the company framed it as a net positive.\"We love people sharing Netflix,\" said founder and chairman Reed Hastings in 2016. \"It hasn't really been a problem,\" he proclaimed, suggesting that the practice induces nonpaying viewers to eventually sign up for their own accounts.Of course, we now know Netflix's sub-account theory didn't work as it might have hoped, and so the company has been trying a different strategy -- charging subscribers for password-sharing.Subscriber revoltIn March 2022, Netflix began testing a scheme in several Latin American markets, billing users approximately $2 to $3 extra a month for sharing accounts with other households. The practice caught many customers off-guard, leading to complaints. Despite this, Netflix opted to expand its testing to more countries, only to be met by further resistance.In September 2022, Netflix introduced sub-account charges in Argentina, where many promised on social media to cancel their accounts. It's unclear how many ultimately terminated their subscriptions, but the following month, Netflix suspended the pricing trial in Argentina, along with several other Latin American countries.Clamping down on its biggest marketsNetflix earmarked the first quarter of 2023 to introduce sub-account fees in the U.S. and the U.K. -- two of its biggest markets by user penetration. However, the streamer subsequently delayed the plan until Q2, acknowledging it had seen some \"initial cancel reaction\" in other countries, and therefore wanted to make improvements.Netflix has now started contacting customers who have sub accounts, informing them of their options: Profiles can be transferred to a stand-alone subscription, or the account holder can pay an extra monthly fee. In the U.S., the cost of each added member is $7.99 per month, while in the U.K. it's 4.99 pounds (roughly $6.20). Additionally, Standard plan subscribers can only add one member, while Premium customers are capped at two. Subscribers on Netflix's Standard with Ads or Basic plans cannot add any extra members.A risky strategy for boosting numbersThe eagle-eyed might note that, at $7.99 a month, the cost of adding an additional member in the U.S. is $1 more than Netflix's entry-level $6.99 a month Standard with Ads plan. (\"Standard with Adverts\" is 4.99 pounds a month in the U.K.) Between this and the caps on added members for Netflix's higher-cost plans, it seems the company is hoping sub-account fees will help drive new sign-ups for lower-cost offerings.In effect, the streamer may be trying to leverage the crackdown as a way to boost its overall subscriber numbers. Netflix has indicated as much, noting that its delayed clampdown was also about finding a solution that \"best serves the long-term business goals.\" But there are also notable risks -- not least of which is a bigger-than-anticipated \"cancel reaction.\"Last year, Aluma Insights published a study that showed 13% of U.S. respondents said they would cancel their Netflix accounts if the company tried to charge them an additional $3 per month for sub accounts. While there's no knowing how that figure changes now that Netflix has announced extra fees of almost $8 per month, one can speculate that the rate of those saying they'd cancel would probably go up.To Netflix stakeholders, the company seems to be in a bind: Allowing 100 million non-paying viewers is leaving money on the table, but upsetting customers also has real implications. After all, look at Argentina.Investors considering what to do may want to hold off until Netflix publishes its next set of numbers. If the streamer manages to offset cancellations with new sign-ups, then it might have hit on the right formula. But if it doesn't, Netflix may have made a costly mistake.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970727755,"gmtCreate":1685020833077,"gmtModify":1685020837547,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Congrats everyone","listText":"Congrats everyone","text":"Congrats everyone","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970727755","repostId":"2336783547","repostType":2,"repost":{"id":"2336783547","pubTimestamp":1684630193,"share":"https://ttm.financial/m/news/2336783547?lang=&edition=fundamental","pubTime":"2023-05-21 08:49","market":"us","language":"en","title":"Nvidia's ChatGPT Windfall","url":"https://stock-news.laohu8.com/highlight/detail?id=2336783547","media":"seekingalpha","summary":"Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application,","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19ebaf34d41fe0c4b791ed404fd8f152\" tg-width=\"750\" tg-height=\"494\"/></p><p>Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate what AI can do. Microsoft Corporation (MSFT) has gone all-in on generative AI, which is the general term for ChatGPT-like AIs, and hosts all of OpenAI’s services.</p><p><strong>Nvidia Corporation</strong> (NASDAQ:NVDA) CEO Jensen Huang recently declared that generative AI represents an “iPhone moment.” While the long-term impact of generative AI remains to be seen, its immediate impact appears to be to alter, perhaps irrevocably, the approach to cloud infrastructure. As the exclusive provider of hardware acceleration to Microsoft for generative AI services, Nvidia should be the provider of choice for AI acceleration in the cloud.</p><h2>The downturn in data center spending may reflect the impact of ChatGPT</h2><p>In the first quarter of this year, the major cloud service providers, Microsoft, Alphabet Inc./Google (GOOG), and Amazon.com, Inc. (AMZN), all grew cloud services revenue substantially. Microsoft’s Intelligent Cloud segment grew revenue by 16% y/y. Google Cloud grew revenue by 28% y/y. Amazon Web Services (&#34;AWS&#34;) grew revenue by 16% y/y.</p><p>Despite this growth, there has been a downturn in spending for cloud services hardware, most notably at Intel Corporation (INTC), where Data Center revenue was down 39% y/y. Furthermore, Intel’s outlook for the second quarter implied a further, though unspecified. y/y revenue decline for Data Center. Things were better at Advanced Micro Devices, Inc. (AMD), where Data center revenue was flat y/y, but the company guided for a y/y Data Center revenue decline in Q2.</p><p>How do we reconcile continued cloud growth with the apparent downturn in cloud infrastructure spending? One could always just attribute it to caution in the face of macroeconomic headwinds, combined perhaps with some digestion of hardware.</p><p>But I think there’s a more fundamental technological shift underway, which has been accelerated by the advent of generative AI. And that’s the shift in focus from traditional CPUs as the main computational engine of the data center to a mix of CPUs and data accelerators, which are mostly GPU-based.</p><p>This is an approach that Nvidia has championed for years, arguing that GPU acceleration is inherently more energy-efficient and cost-effective than CPUs alone. The counter-argument to this has been that CPUs are more versatile, while GPUs are restricted to certain tasks that benefit from the massive parallelism of the GPU.</p><p>But the range of tasks that benefit from the GPU has been growing. Energy-efficient supercomputing is now the almost exclusive domain of GPU acceleration. In commercial cloud services, GPUs accelerate everything from game streaming to the metaverse. And, of course, AI.</p><p>In this regard, AMD, with a substantial portfolio of GPUs is better positioned than Intel, and this may in part account for AMD’s much better Q1 Data Center results. However, the advent of generative AI has upended the market for AI acceleration.</p><p>Probably, GPTs, which is short for Generative Pre-trained Transformer, have rendered conventional GPU acceleration obsolete. When Nvidia unveiled the “Hopper” H100 data center accelerator, in April 2022, it included a “Transformer Engine” to accelerate generative AI workloads. The Transformer Engine builds on Nvidia’s Tensor Cores to provide a 6X speed improvement in training transformers:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/937d8eecb1d459a3b6b86ac5375a7c33\" tg-width=\"640\" tg-height=\"318\"/></p><p>In a white paper released at the same time, Nvidia explained the motivations for the Transformer Engine:</p><blockquote>Transformer models are the backbone of language models used widely today from BERT to GPT-3 and require enormous compute resources. Initially developed for natural language processing (NLP) Transformers are increasingly applied across diverse fields such as computer vision, drug discovery, and more. Their size continues to increase exponentially, now reaching trillions of parameters and causing their training times to stretch into months, which is impractical for business needs due to the large compute requirements. For example, Megatron Turing NLG (MT-NLG) requires 2048 NVIDIA A100 GPUs running for eight weeks to train. Overall, transformer models have been growing much faster than most other AI models at the rate of 275x every two years for the past five years.</blockquote><p>In 2022, Nvidia’s Transformer engine seemed like merely interesting technology. It was an appropriate innovation considering that Nvidia wanted to stay relevant to the AI research community. I had no sense at the time of how critical it would become to the considerations of cloud providers like Microsoft wishing to make GPTs available to the general public.</p><h2>How Microsoft leaped ahead with the OpenAI collaboration</h2><p>When Microsoft first unveiled its generative AI-powered search and browser back in February, I noted that the company seemed to be much further along in integrating GPTs into its products than Google. And now, as Microsoft offers its AI “copilots” as standard features, Google’s competing “Bard” is still experimental.</p><p>It’s clear that Microsoft has engineered a major coup in AI with the help of its collaboration with OpenAI. Microsoft’s Azure cloud service provides all the hosting for partner OpenAI, including ChatGPT and more advanced generative AIs. Furthermore, it’s clear that Microsoft has had access to OpenAI’s generative AI technology at the code level and has incorporated it into various AI “copilots” that the company now offers.</p><p>But wait, the reader may ask, how did Microsoft develop such a close and apparently exclusive relationship with a non-profit research institution? Well, it turns out that OpenAI isn’t exactly a non-profit. In 2019, OpenAI created the OpenAI LP as a wholly owned for-profit subsidiary. This seems to have been done with the sole intent of providing a recipient for a $1 billion investment from Microsoft.</p><p>Then in January of this year, Microsoft invested another $10 billion in OpenAI LP, as reported by Bloomberg:</p><blockquote>The new support, building on $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems. Microsoft is competing with Alphabet Inc., Amazon.com Inc., and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. to dominate the fast-growing technology that generates text, images and other media in response to a short prompt. At the same time, OpenAI needs Microsoft’s funding and cloud-computing power to crunch massive volumes of data and run the increasingly complex models that allow programs like DALL-E to generate realistic images based on a handful of words, and ChatGPT to create astonishingly human-like conversational text.</blockquote><p>$10 billion is a lot to pay for which amounts to a bunch of code, but it’s code that no one outside of OpenAI and Microsoft has access to.</p><h3>Microsoft’s huge generative AI investment</h3><p>In order to get the jump on Google, which had invented the generative AI approach, Microsoft had to make a massive investment not only in OpenAI’s software but also in hardware, primarily Nvidia hardware. How massive, we’re only beginning to learn through some Microsoft blog posts. A March 13 blog post by John Roach described in general terms the magnitude of the investment:</p><blockquote>In 2019, Microsoft and OpenAI entered a partnership, which was extended this year, to collaborate on new Azure AI supercomputing technologies that accelerate breakthroughs in AI, deliver on the promise of large language models and help ensure AI’s benefits are shared broadly. The two companies began working in close collaboration to build supercomputing resources in Azure that were designed and dedicated to allow OpenAI to train an expanding suite of increasingly powerful AI models. This infrastructure included thousands of NVIDIA AI-optimized GPUs linked together in a high-throughput, low-latency network based on NVIDIA Quantum InfiniBand communications for high-performance computing. The scale of the cloud-computing infrastructure OpenAI needed to train its models was unprecedented – exponentially larger clusters of networked GPUs than anyone in the industry had tried to build, noted Phil Waymouth, a Microsoft senior director in charge of strategic partnerships who helped negotiate the deal with OpenAI.</blockquote><p>Despite the massive infrastructure investment, the customer base at this point was relatively limited to researchers at OpenAI and within Microsoft. The shift from research program to commercial cloud services has been called by Nvidia CEO Jensen Huang and others “the industrialization of AI”.</p><p>During his March 2023 GPU Technology Conference keynote, CEO Huang referred to the required infrastructure as “AI factories.” In designing the AI factory that OpenAI needed, Microsoft certainly had ample opportunity to evaluate various hardware alternatives before settling on Nvidia.</p><h3>Nvidia’s likely sales into Microsoft</h3><p>The construction of these AI factories is still underway and will continue as demand for generative AI services expands. A sense of the business opportunity for Nvidia can be derived from another blog post by Matt Vegas, Principal Product Manager for Azure HPC. In the post, he announces that Microsoft is starting to offer virtual machine instances with a minimum of 8 Nvidia Hopper H100 GPUs. This is scalable for AI use into “thousands” of H100s.</p><p>Essentially, this is an H100-based DGX system in which the 8 H100s are cross-connected by NVLink so that they can function as a single unified GPU. The DGX systems are then linked to each other via Nvidia InfiniBand fiber optic links with a total data bandwidth of 3.2 Tb/sec. That’s right, 10^12 bits/sec.</p><p>How many actual H100 accelerators Microsoft has bought is difficult to determine, but it is apparently in the thousands. We can get a sense of how many thousands by estimating the number of H100s required to host OpenAI services.</p><p>OpenAi has been very secretive about the details of ChatGPT, so it’s difficult to determine the hardware resources that a single instance of ChatGPT requires. Tom’s Hardware has an interesting article in which the author ran a less capable GPT on a PC equipped with an RTX 4090 GPU (Nvidia’s current top of the line for consumers).</p><p>If a single GPU with 24 GB of VRAM can run the lesser GPT, then I would estimate that a single H100 with 80 GB of VRAM would be sufficient to run a ChatGPT instance. This is only an estimate. In fact, an instance of ChatGPT may have its processing spread over multiple H100s and access more than 80 GB of VRAM, depending on the workload. More advanced GPTs, either from OpenAI or Microsoft, might require even more.</p><p>OpenAI reportedly receives 55 million unique visitors per day for an average visit time of 8 minutes. If I assume each visitor gets exclusive use of an H100 for the duration of the visit, then this implies that there must be about 300,000 H100s in the Azure cloud service to handle the load. That would amount to 37,500 H100 DGX systems, worth about $3.75 billion in revenue probably spread over a number of quarters.</p><p>Up to Nvidia’s fiscal 2023 Q4, most of this infrastructure was probably already accounted for in Nvidia’s Data Center business segment revenue. However, the potential for expansion of GPT-like AI services on Azure implies that there is much more to come. Microsoft’s H100-based service, called ND H100 V5, is currently offered for preview only. This is probably to ensure that the available hardware is not overloaded.</p><h2>Investor takeaways: Nvidia “gets there firstest with the mostest” in generative AI</h2><p>Almost every hardware provider in the cloud services space has noted that generative AI represents a huge opportunity. And they’re right, but I doubt that opportunity will be uniformly distributed.</p><p>There’s an old saying that battles are won by the side that “gets there firstest with the mostest,” and this describes Nvidia’s AI acceleration business. While competitors are talking about capturing future opportunities, Nvidia is capturing the present market for generative AI acceleration.</p><p>Nvidia has done this by staying abreast of current developments and presciently anticipating future needs. Nvidia was there from the beginning of OpenAI, when Jensen Huang personally delivered the first DGX system to OpenAI in 2016.</p><p>Nvidia Corporation is about to report the results for its fiscal 2024 Q1 next week (expected May 24 post-market). As usual, I’ll be sharing detailed financial projections for the quarter with Rethink Technology members in advance of the report. I fully expect Data Center revenue to grow significantly y/y, in contrast with Nvidia’s competitors. I remain long Nvidia Corporation stock and rate it a Buy.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia's ChatGPT Windfall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia's ChatGPT Windfall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-21 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate ...</p>\n\n<a href=\"https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999001077.SGD":"United International Growth Fund SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4512":"苹果概念","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0109392836.USD":"富兰克林科技股A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4532":"文艺复兴科技持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4191":"家用电器","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4551":"寇图资本持仓","BK4507":"流媒体概念","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4576":"AR","NVDA":"英伟达","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4561":"索罗斯持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4077":"互动媒体与服务","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4579":"人工智能","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC"},"source_url":"https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2336783547","content_text":"Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate what AI can do. Microsoft Corporation (MSFT) has gone all-in on generative AI, which is the general term for ChatGPT-like AIs, and hosts all of OpenAI’s services.Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang recently declared that generative AI represents an “iPhone moment.” While the long-term impact of generative AI remains to be seen, its immediate impact appears to be to alter, perhaps irrevocably, the approach to cloud infrastructure. As the exclusive provider of hardware acceleration to Microsoft for generative AI services, Nvidia should be the provider of choice for AI acceleration in the cloud.The downturn in data center spending may reflect the impact of ChatGPTIn the first quarter of this year, the major cloud service providers, Microsoft, Alphabet Inc./Google (GOOG), and Amazon.com, Inc. (AMZN), all grew cloud services revenue substantially. Microsoft’s Intelligent Cloud segment grew revenue by 16% y/y. Google Cloud grew revenue by 28% y/y. Amazon Web Services (\"AWS\") grew revenue by 16% y/y.Despite this growth, there has been a downturn in spending for cloud services hardware, most notably at Intel Corporation (INTC), where Data Center revenue was down 39% y/y. Furthermore, Intel’s outlook for the second quarter implied a further, though unspecified. y/y revenue decline for Data Center. Things were better at Advanced Micro Devices, Inc. (AMD), where Data center revenue was flat y/y, but the company guided for a y/y Data Center revenue decline in Q2.How do we reconcile continued cloud growth with the apparent downturn in cloud infrastructure spending? One could always just attribute it to caution in the face of macroeconomic headwinds, combined perhaps with some digestion of hardware.But I think there’s a more fundamental technological shift underway, which has been accelerated by the advent of generative AI. And that’s the shift in focus from traditional CPUs as the main computational engine of the data center to a mix of CPUs and data accelerators, which are mostly GPU-based.This is an approach that Nvidia has championed for years, arguing that GPU acceleration is inherently more energy-efficient and cost-effective than CPUs alone. The counter-argument to this has been that CPUs are more versatile, while GPUs are restricted to certain tasks that benefit from the massive parallelism of the GPU.But the range of tasks that benefit from the GPU has been growing. Energy-efficient supercomputing is now the almost exclusive domain of GPU acceleration. In commercial cloud services, GPUs accelerate everything from game streaming to the metaverse. And, of course, AI.In this regard, AMD, with a substantial portfolio of GPUs is better positioned than Intel, and this may in part account for AMD’s much better Q1 Data Center results. However, the advent of generative AI has upended the market for AI acceleration.Probably, GPTs, which is short for Generative Pre-trained Transformer, have rendered conventional GPU acceleration obsolete. When Nvidia unveiled the “Hopper” H100 data center accelerator, in April 2022, it included a “Transformer Engine” to accelerate generative AI workloads. The Transformer Engine builds on Nvidia’s Tensor Cores to provide a 6X speed improvement in training transformers:In a white paper released at the same time, Nvidia explained the motivations for the Transformer Engine:Transformer models are the backbone of language models used widely today from BERT to GPT-3 and require enormous compute resources. Initially developed for natural language processing (NLP) Transformers are increasingly applied across diverse fields such as computer vision, drug discovery, and more. Their size continues to increase exponentially, now reaching trillions of parameters and causing their training times to stretch into months, which is impractical for business needs due to the large compute requirements. For example, Megatron Turing NLG (MT-NLG) requires 2048 NVIDIA A100 GPUs running for eight weeks to train. Overall, transformer models have been growing much faster than most other AI models at the rate of 275x every two years for the past five years.In 2022, Nvidia’s Transformer engine seemed like merely interesting technology. It was an appropriate innovation considering that Nvidia wanted to stay relevant to the AI research community. I had no sense at the time of how critical it would become to the considerations of cloud providers like Microsoft wishing to make GPTs available to the general public.How Microsoft leaped ahead with the OpenAI collaborationWhen Microsoft first unveiled its generative AI-powered search and browser back in February, I noted that the company seemed to be much further along in integrating GPTs into its products than Google. And now, as Microsoft offers its AI “copilots” as standard features, Google’s competing “Bard” is still experimental.It’s clear that Microsoft has engineered a major coup in AI with the help of its collaboration with OpenAI. Microsoft’s Azure cloud service provides all the hosting for partner OpenAI, including ChatGPT and more advanced generative AIs. Furthermore, it’s clear that Microsoft has had access to OpenAI’s generative AI technology at the code level and has incorporated it into various AI “copilots” that the company now offers.But wait, the reader may ask, how did Microsoft develop such a close and apparently exclusive relationship with a non-profit research institution? Well, it turns out that OpenAI isn’t exactly a non-profit. In 2019, OpenAI created the OpenAI LP as a wholly owned for-profit subsidiary. This seems to have been done with the sole intent of providing a recipient for a $1 billion investment from Microsoft.Then in January of this year, Microsoft invested another $10 billion in OpenAI LP, as reported by Bloomberg:The new support, building on $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems. Microsoft is competing with Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. to dominate the fast-growing technology that generates text, images and other media in response to a short prompt. At the same time, OpenAI needs Microsoft’s funding and cloud-computing power to crunch massive volumes of data and run the increasingly complex models that allow programs like DALL-E to generate realistic images based on a handful of words, and ChatGPT to create astonishingly human-like conversational text.$10 billion is a lot to pay for which amounts to a bunch of code, but it’s code that no one outside of OpenAI and Microsoft has access to.Microsoft’s huge generative AI investmentIn order to get the jump on Google, which had invented the generative AI approach, Microsoft had to make a massive investment not only in OpenAI’s software but also in hardware, primarily Nvidia hardware. How massive, we’re only beginning to learn through some Microsoft blog posts. A March 13 blog post by John Roach described in general terms the magnitude of the investment:In 2019, Microsoft and OpenAI entered a partnership, which was extended this year, to collaborate on new Azure AI supercomputing technologies that accelerate breakthroughs in AI, deliver on the promise of large language models and help ensure AI’s benefits are shared broadly. The two companies began working in close collaboration to build supercomputing resources in Azure that were designed and dedicated to allow OpenAI to train an expanding suite of increasingly powerful AI models. This infrastructure included thousands of NVIDIA AI-optimized GPUs linked together in a high-throughput, low-latency network based on NVIDIA Quantum InfiniBand communications for high-performance computing. The scale of the cloud-computing infrastructure OpenAI needed to train its models was unprecedented – exponentially larger clusters of networked GPUs than anyone in the industry had tried to build, noted Phil Waymouth, a Microsoft senior director in charge of strategic partnerships who helped negotiate the deal with OpenAI.Despite the massive infrastructure investment, the customer base at this point was relatively limited to researchers at OpenAI and within Microsoft. The shift from research program to commercial cloud services has been called by Nvidia CEO Jensen Huang and others “the industrialization of AI”.During his March 2023 GPU Technology Conference keynote, CEO Huang referred to the required infrastructure as “AI factories.” In designing the AI factory that OpenAI needed, Microsoft certainly had ample opportunity to evaluate various hardware alternatives before settling on Nvidia.Nvidia’s likely sales into MicrosoftThe construction of these AI factories is still underway and will continue as demand for generative AI services expands. A sense of the business opportunity for Nvidia can be derived from another blog post by Matt Vegas, Principal Product Manager for Azure HPC. In the post, he announces that Microsoft is starting to offer virtual machine instances with a minimum of 8 Nvidia Hopper H100 GPUs. This is scalable for AI use into “thousands” of H100s.Essentially, this is an H100-based DGX system in which the 8 H100s are cross-connected by NVLink so that they can function as a single unified GPU. The DGX systems are then linked to each other via Nvidia InfiniBand fiber optic links with a total data bandwidth of 3.2 Tb/sec. That’s right, 10^12 bits/sec.How many actual H100 accelerators Microsoft has bought is difficult to determine, but it is apparently in the thousands. We can get a sense of how many thousands by estimating the number of H100s required to host OpenAI services.OpenAi has been very secretive about the details of ChatGPT, so it’s difficult to determine the hardware resources that a single instance of ChatGPT requires. Tom’s Hardware has an interesting article in which the author ran a less capable GPT on a PC equipped with an RTX 4090 GPU (Nvidia’s current top of the line for consumers).If a single GPU with 24 GB of VRAM can run the lesser GPT, then I would estimate that a single H100 with 80 GB of VRAM would be sufficient to run a ChatGPT instance. This is only an estimate. In fact, an instance of ChatGPT may have its processing spread over multiple H100s and access more than 80 GB of VRAM, depending on the workload. More advanced GPTs, either from OpenAI or Microsoft, might require even more.OpenAI reportedly receives 55 million unique visitors per day for an average visit time of 8 minutes. If I assume each visitor gets exclusive use of an H100 for the duration of the visit, then this implies that there must be about 300,000 H100s in the Azure cloud service to handle the load. That would amount to 37,500 H100 DGX systems, worth about $3.75 billion in revenue probably spread over a number of quarters.Up to Nvidia’s fiscal 2023 Q4, most of this infrastructure was probably already accounted for in Nvidia’s Data Center business segment revenue. However, the potential for expansion of GPT-like AI services on Azure implies that there is much more to come. Microsoft’s H100-based service, called ND H100 V5, is currently offered for preview only. This is probably to ensure that the available hardware is not overloaded.Investor takeaways: Nvidia “gets there firstest with the mostest” in generative AIAlmost every hardware provider in the cloud services space has noted that generative AI represents a huge opportunity. And they’re right, but I doubt that opportunity will be uniformly distributed.There’s an old saying that battles are won by the side that “gets there firstest with the mostest,” and this describes Nvidia’s AI acceleration business. While competitors are talking about capturing future opportunities, Nvidia is capturing the present market for generative AI acceleration.Nvidia has done this by staying abreast of current developments and presciently anticipating future needs. Nvidia was there from the beginning of OpenAI, when Jensen Huang personally delivered the first DGX system to OpenAI in 2016.Nvidia Corporation is about to report the results for its fiscal 2024 Q1 next week (expected May 24 post-market). As usual, I’ll be sharing detailed financial projections for the quarter with Rethink Technology members in advance of the report. I fully expect Data Center revenue to grow significantly y/y, in contrast with Nvidia’s competitors. I remain long Nvidia Corporation stock and rate it a Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":212,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970538770,"gmtCreate":1684640831791,"gmtModify":1684640835932,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"All in on Nvidia","listText":"All in on Nvidia","text":"All in on Nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970538770","repostId":"2336783547","repostType":2,"repost":{"id":"2336783547","pubTimestamp":1684630193,"share":"https://ttm.financial/m/news/2336783547?lang=&edition=fundamental","pubTime":"2023-05-21 08:49","market":"us","language":"en","title":"Nvidia's ChatGPT Windfall","url":"https://stock-news.laohu8.com/highlight/detail?id=2336783547","media":"seekingalpha","summary":"Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application,","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19ebaf34d41fe0c4b791ed404fd8f152\" tg-width=\"750\" tg-height=\"494\"/></p><p>Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate what AI can do. Microsoft Corporation (MSFT) has gone all-in on generative AI, which is the general term for ChatGPT-like AIs, and hosts all of OpenAI’s services.</p><p><strong>Nvidia Corporation</strong> (NASDAQ:NVDA) CEO Jensen Huang recently declared that generative AI represents an “iPhone moment.” While the long-term impact of generative AI remains to be seen, its immediate impact appears to be to alter, perhaps irrevocably, the approach to cloud infrastructure. As the exclusive provider of hardware acceleration to Microsoft for generative AI services, Nvidia should be the provider of choice for AI acceleration in the cloud.</p><h2>The downturn in data center spending may reflect the impact of ChatGPT</h2><p>In the first quarter of this year, the major cloud service providers, Microsoft, Alphabet Inc./Google (GOOG), and Amazon.com, Inc. (AMZN), all grew cloud services revenue substantially. Microsoft’s Intelligent Cloud segment grew revenue by 16% y/y. Google Cloud grew revenue by 28% y/y. Amazon Web Services (&#34;AWS&#34;) grew revenue by 16% y/y.</p><p>Despite this growth, there has been a downturn in spending for cloud services hardware, most notably at Intel Corporation (INTC), where Data Center revenue was down 39% y/y. Furthermore, Intel’s outlook for the second quarter implied a further, though unspecified. y/y revenue decline for Data Center. Things were better at Advanced Micro Devices, Inc. (AMD), where Data center revenue was flat y/y, but the company guided for a y/y Data Center revenue decline in Q2.</p><p>How do we reconcile continued cloud growth with the apparent downturn in cloud infrastructure spending? One could always just attribute it to caution in the face of macroeconomic headwinds, combined perhaps with some digestion of hardware.</p><p>But I think there’s a more fundamental technological shift underway, which has been accelerated by the advent of generative AI. And that’s the shift in focus from traditional CPUs as the main computational engine of the data center to a mix of CPUs and data accelerators, which are mostly GPU-based.</p><p>This is an approach that Nvidia has championed for years, arguing that GPU acceleration is inherently more energy-efficient and cost-effective than CPUs alone. The counter-argument to this has been that CPUs are more versatile, while GPUs are restricted to certain tasks that benefit from the massive parallelism of the GPU.</p><p>But the range of tasks that benefit from the GPU has been growing. Energy-efficient supercomputing is now the almost exclusive domain of GPU acceleration. In commercial cloud services, GPUs accelerate everything from game streaming to the metaverse. And, of course, AI.</p><p>In this regard, AMD, with a substantial portfolio of GPUs is better positioned than Intel, and this may in part account for AMD’s much better Q1 Data Center results. However, the advent of generative AI has upended the market for AI acceleration.</p><p>Probably, GPTs, which is short for Generative Pre-trained Transformer, have rendered conventional GPU acceleration obsolete. When Nvidia unveiled the “Hopper” H100 data center accelerator, in April 2022, it included a “Transformer Engine” to accelerate generative AI workloads. The Transformer Engine builds on Nvidia’s Tensor Cores to provide a 6X speed improvement in training transformers:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/937d8eecb1d459a3b6b86ac5375a7c33\" tg-width=\"640\" tg-height=\"318\"/></p><p>In a white paper released at the same time, Nvidia explained the motivations for the Transformer Engine:</p><blockquote>Transformer models are the backbone of language models used widely today from BERT to GPT-3 and require enormous compute resources. Initially developed for natural language processing (NLP) Transformers are increasingly applied across diverse fields such as computer vision, drug discovery, and more. Their size continues to increase exponentially, now reaching trillions of parameters and causing their training times to stretch into months, which is impractical for business needs due to the large compute requirements. For example, Megatron Turing NLG (MT-NLG) requires 2048 NVIDIA A100 GPUs running for eight weeks to train. Overall, transformer models have been growing much faster than most other AI models at the rate of 275x every two years for the past five years.</blockquote><p>In 2022, Nvidia’s Transformer engine seemed like merely interesting technology. It was an appropriate innovation considering that Nvidia wanted to stay relevant to the AI research community. I had no sense at the time of how critical it would become to the considerations of cloud providers like Microsoft wishing to make GPTs available to the general public.</p><h2>How Microsoft leaped ahead with the OpenAI collaboration</h2><p>When Microsoft first unveiled its generative AI-powered search and browser back in February, I noted that the company seemed to be much further along in integrating GPTs into its products than Google. And now, as Microsoft offers its AI “copilots” as standard features, Google’s competing “Bard” is still experimental.</p><p>It’s clear that Microsoft has engineered a major coup in AI with the help of its collaboration with OpenAI. Microsoft’s Azure cloud service provides all the hosting for partner OpenAI, including ChatGPT and more advanced generative AIs. Furthermore, it’s clear that Microsoft has had access to OpenAI’s generative AI technology at the code level and has incorporated it into various AI “copilots” that the company now offers.</p><p>But wait, the reader may ask, how did Microsoft develop such a close and apparently exclusive relationship with a non-profit research institution? Well, it turns out that OpenAI isn’t exactly a non-profit. In 2019, OpenAI created the OpenAI LP as a wholly owned for-profit subsidiary. This seems to have been done with the sole intent of providing a recipient for a $1 billion investment from Microsoft.</p><p>Then in January of this year, Microsoft invested another $10 billion in OpenAI LP, as reported by Bloomberg:</p><blockquote>The new support, building on $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems. Microsoft is competing with Alphabet Inc., Amazon.com Inc., and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. to dominate the fast-growing technology that generates text, images and other media in response to a short prompt. At the same time, OpenAI needs Microsoft’s funding and cloud-computing power to crunch massive volumes of data and run the increasingly complex models that allow programs like DALL-E to generate realistic images based on a handful of words, and ChatGPT to create astonishingly human-like conversational text.</blockquote><p>$10 billion is a lot to pay for which amounts to a bunch of code, but it’s code that no one outside of OpenAI and Microsoft has access to.</p><h3>Microsoft’s huge generative AI investment</h3><p>In order to get the jump on Google, which had invented the generative AI approach, Microsoft had to make a massive investment not only in OpenAI’s software but also in hardware, primarily Nvidia hardware. How massive, we’re only beginning to learn through some Microsoft blog posts. A March 13 blog post by John Roach described in general terms the magnitude of the investment:</p><blockquote>In 2019, Microsoft and OpenAI entered a partnership, which was extended this year, to collaborate on new Azure AI supercomputing technologies that accelerate breakthroughs in AI, deliver on the promise of large language models and help ensure AI’s benefits are shared broadly. The two companies began working in close collaboration to build supercomputing resources in Azure that were designed and dedicated to allow OpenAI to train an expanding suite of increasingly powerful AI models. This infrastructure included thousands of NVIDIA AI-optimized GPUs linked together in a high-throughput, low-latency network based on NVIDIA Quantum InfiniBand communications for high-performance computing. The scale of the cloud-computing infrastructure OpenAI needed to train its models was unprecedented – exponentially larger clusters of networked GPUs than anyone in the industry had tried to build, noted Phil Waymouth, a Microsoft senior director in charge of strategic partnerships who helped negotiate the deal with OpenAI.</blockquote><p>Despite the massive infrastructure investment, the customer base at this point was relatively limited to researchers at OpenAI and within Microsoft. The shift from research program to commercial cloud services has been called by Nvidia CEO Jensen Huang and others “the industrialization of AI”.</p><p>During his March 2023 GPU Technology Conference keynote, CEO Huang referred to the required infrastructure as “AI factories.” In designing the AI factory that OpenAI needed, Microsoft certainly had ample opportunity to evaluate various hardware alternatives before settling on Nvidia.</p><h3>Nvidia’s likely sales into Microsoft</h3><p>The construction of these AI factories is still underway and will continue as demand for generative AI services expands. A sense of the business opportunity for Nvidia can be derived from another blog post by Matt Vegas, Principal Product Manager for Azure HPC. In the post, he announces that Microsoft is starting to offer virtual machine instances with a minimum of 8 Nvidia Hopper H100 GPUs. This is scalable for AI use into “thousands” of H100s.</p><p>Essentially, this is an H100-based DGX system in which the 8 H100s are cross-connected by NVLink so that they can function as a single unified GPU. The DGX systems are then linked to each other via Nvidia InfiniBand fiber optic links with a total data bandwidth of 3.2 Tb/sec. That’s right, 10^12 bits/sec.</p><p>How many actual H100 accelerators Microsoft has bought is difficult to determine, but it is apparently in the thousands. We can get a sense of how many thousands by estimating the number of H100s required to host OpenAI services.</p><p>OpenAi has been very secretive about the details of ChatGPT, so it’s difficult to determine the hardware resources that a single instance of ChatGPT requires. Tom’s Hardware has an interesting article in which the author ran a less capable GPT on a PC equipped with an RTX 4090 GPU (Nvidia’s current top of the line for consumers).</p><p>If a single GPU with 24 GB of VRAM can run the lesser GPT, then I would estimate that a single H100 with 80 GB of VRAM would be sufficient to run a ChatGPT instance. This is only an estimate. In fact, an instance of ChatGPT may have its processing spread over multiple H100s and access more than 80 GB of VRAM, depending on the workload. More advanced GPTs, either from OpenAI or Microsoft, might require even more.</p><p>OpenAI reportedly receives 55 million unique visitors per day for an average visit time of 8 minutes. If I assume each visitor gets exclusive use of an H100 for the duration of the visit, then this implies that there must be about 300,000 H100s in the Azure cloud service to handle the load. That would amount to 37,500 H100 DGX systems, worth about $3.75 billion in revenue probably spread over a number of quarters.</p><p>Up to Nvidia’s fiscal 2023 Q4, most of this infrastructure was probably already accounted for in Nvidia’s Data Center business segment revenue. However, the potential for expansion of GPT-like AI services on Azure implies that there is much more to come. Microsoft’s H100-based service, called ND H100 V5, is currently offered for preview only. This is probably to ensure that the available hardware is not overloaded.</p><h2>Investor takeaways: Nvidia “gets there firstest with the mostest” in generative AI</h2><p>Almost every hardware provider in the cloud services space has noted that generative AI represents a huge opportunity. And they’re right, but I doubt that opportunity will be uniformly distributed.</p><p>There’s an old saying that battles are won by the side that “gets there firstest with the mostest,” and this describes Nvidia’s AI acceleration business. While competitors are talking about capturing future opportunities, Nvidia is capturing the present market for generative AI acceleration.</p><p>Nvidia has done this by staying abreast of current developments and presciently anticipating future needs. Nvidia was there from the beginning of OpenAI, when Jensen Huang personally delivered the first DGX system to OpenAI in 2016.</p><p>Nvidia Corporation is about to report the results for its fiscal 2024 Q1 next week (expected May 24 post-market). As usual, I’ll be sharing detailed financial projections for the quarter with Rethink Technology members in advance of the report. I fully expect Data Center revenue to grow significantly y/y, in contrast with Nvidia’s competitors. I remain long Nvidia Corporation stock and rate it a Buy.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia's ChatGPT Windfall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia's ChatGPT Windfall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-21 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate ...</p>\n\n<a href=\"https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999001077.SGD":"United International Growth Fund SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4512":"苹果概念","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0109392836.USD":"富兰克林科技股A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4532":"文艺复兴科技持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4191":"家用电器","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4551":"寇图资本持仓","BK4507":"流媒体概念","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4576":"AR","NVDA":"英伟达","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4561":"索罗斯持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4077":"互动媒体与服务","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4579":"人工智能","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC"},"source_url":"https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2336783547","content_text":"Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate what AI can do. Microsoft Corporation (MSFT) has gone all-in on generative AI, which is the general term for ChatGPT-like AIs, and hosts all of OpenAI’s services.Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang recently declared that generative AI represents an “iPhone moment.” While the long-term impact of generative AI remains to be seen, its immediate impact appears to be to alter, perhaps irrevocably, the approach to cloud infrastructure. As the exclusive provider of hardware acceleration to Microsoft for generative AI services, Nvidia should be the provider of choice for AI acceleration in the cloud.The downturn in data center spending may reflect the impact of ChatGPTIn the first quarter of this year, the major cloud service providers, Microsoft, Alphabet Inc./Google (GOOG), and Amazon.com, Inc. (AMZN), all grew cloud services revenue substantially. Microsoft’s Intelligent Cloud segment grew revenue by 16% y/y. Google Cloud grew revenue by 28% y/y. Amazon Web Services (\"AWS\") grew revenue by 16% y/y.Despite this growth, there has been a downturn in spending for cloud services hardware, most notably at Intel Corporation (INTC), where Data Center revenue was down 39% y/y. Furthermore, Intel’s outlook for the second quarter implied a further, though unspecified. y/y revenue decline for Data Center. Things were better at Advanced Micro Devices, Inc. (AMD), where Data center revenue was flat y/y, but the company guided for a y/y Data Center revenue decline in Q2.How do we reconcile continued cloud growth with the apparent downturn in cloud infrastructure spending? One could always just attribute it to caution in the face of macroeconomic headwinds, combined perhaps with some digestion of hardware.But I think there’s a more fundamental technological shift underway, which has been accelerated by the advent of generative AI. And that’s the shift in focus from traditional CPUs as the main computational engine of the data center to a mix of CPUs and data accelerators, which are mostly GPU-based.This is an approach that Nvidia has championed for years, arguing that GPU acceleration is inherently more energy-efficient and cost-effective than CPUs alone. The counter-argument to this has been that CPUs are more versatile, while GPUs are restricted to certain tasks that benefit from the massive parallelism of the GPU.But the range of tasks that benefit from the GPU has been growing. Energy-efficient supercomputing is now the almost exclusive domain of GPU acceleration. In commercial cloud services, GPUs accelerate everything from game streaming to the metaverse. And, of course, AI.In this regard, AMD, with a substantial portfolio of GPUs is better positioned than Intel, and this may in part account for AMD’s much better Q1 Data Center results. However, the advent of generative AI has upended the market for AI acceleration.Probably, GPTs, which is short for Generative Pre-trained Transformer, have rendered conventional GPU acceleration obsolete. When Nvidia unveiled the “Hopper” H100 data center accelerator, in April 2022, it included a “Transformer Engine” to accelerate generative AI workloads. The Transformer Engine builds on Nvidia’s Tensor Cores to provide a 6X speed improvement in training transformers:In a white paper released at the same time, Nvidia explained the motivations for the Transformer Engine:Transformer models are the backbone of language models used widely today from BERT to GPT-3 and require enormous compute resources. Initially developed for natural language processing (NLP) Transformers are increasingly applied across diverse fields such as computer vision, drug discovery, and more. Their size continues to increase exponentially, now reaching trillions of parameters and causing their training times to stretch into months, which is impractical for business needs due to the large compute requirements. For example, Megatron Turing NLG (MT-NLG) requires 2048 NVIDIA A100 GPUs running for eight weeks to train. Overall, transformer models have been growing much faster than most other AI models at the rate of 275x every two years for the past five years.In 2022, Nvidia’s Transformer engine seemed like merely interesting technology. It was an appropriate innovation considering that Nvidia wanted to stay relevant to the AI research community. I had no sense at the time of how critical it would become to the considerations of cloud providers like Microsoft wishing to make GPTs available to the general public.How Microsoft leaped ahead with the OpenAI collaborationWhen Microsoft first unveiled its generative AI-powered search and browser back in February, I noted that the company seemed to be much further along in integrating GPTs into its products than Google. And now, as Microsoft offers its AI “copilots” as standard features, Google’s competing “Bard” is still experimental.It’s clear that Microsoft has engineered a major coup in AI with the help of its collaboration with OpenAI. Microsoft’s Azure cloud service provides all the hosting for partner OpenAI, including ChatGPT and more advanced generative AIs. Furthermore, it’s clear that Microsoft has had access to OpenAI’s generative AI technology at the code level and has incorporated it into various AI “copilots” that the company now offers.But wait, the reader may ask, how did Microsoft develop such a close and apparently exclusive relationship with a non-profit research institution? Well, it turns out that OpenAI isn’t exactly a non-profit. In 2019, OpenAI created the OpenAI LP as a wholly owned for-profit subsidiary. This seems to have been done with the sole intent of providing a recipient for a $1 billion investment from Microsoft.Then in January of this year, Microsoft invested another $10 billion in OpenAI LP, as reported by Bloomberg:The new support, building on $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems. Microsoft is competing with Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. to dominate the fast-growing technology that generates text, images and other media in response to a short prompt. At the same time, OpenAI needs Microsoft’s funding and cloud-computing power to crunch massive volumes of data and run the increasingly complex models that allow programs like DALL-E to generate realistic images based on a handful of words, and ChatGPT to create astonishingly human-like conversational text.$10 billion is a lot to pay for which amounts to a bunch of code, but it’s code that no one outside of OpenAI and Microsoft has access to.Microsoft’s huge generative AI investmentIn order to get the jump on Google, which had invented the generative AI approach, Microsoft had to make a massive investment not only in OpenAI’s software but also in hardware, primarily Nvidia hardware. How massive, we’re only beginning to learn through some Microsoft blog posts. A March 13 blog post by John Roach described in general terms the magnitude of the investment:In 2019, Microsoft and OpenAI entered a partnership, which was extended this year, to collaborate on new Azure AI supercomputing technologies that accelerate breakthroughs in AI, deliver on the promise of large language models and help ensure AI’s benefits are shared broadly. The two companies began working in close collaboration to build supercomputing resources in Azure that were designed and dedicated to allow OpenAI to train an expanding suite of increasingly powerful AI models. This infrastructure included thousands of NVIDIA AI-optimized GPUs linked together in a high-throughput, low-latency network based on NVIDIA Quantum InfiniBand communications for high-performance computing. The scale of the cloud-computing infrastructure OpenAI needed to train its models was unprecedented – exponentially larger clusters of networked GPUs than anyone in the industry had tried to build, noted Phil Waymouth, a Microsoft senior director in charge of strategic partnerships who helped negotiate the deal with OpenAI.Despite the massive infrastructure investment, the customer base at this point was relatively limited to researchers at OpenAI and within Microsoft. The shift from research program to commercial cloud services has been called by Nvidia CEO Jensen Huang and others “the industrialization of AI”.During his March 2023 GPU Technology Conference keynote, CEO Huang referred to the required infrastructure as “AI factories.” In designing the AI factory that OpenAI needed, Microsoft certainly had ample opportunity to evaluate various hardware alternatives before settling on Nvidia.Nvidia’s likely sales into MicrosoftThe construction of these AI factories is still underway and will continue as demand for generative AI services expands. A sense of the business opportunity for Nvidia can be derived from another blog post by Matt Vegas, Principal Product Manager for Azure HPC. In the post, he announces that Microsoft is starting to offer virtual machine instances with a minimum of 8 Nvidia Hopper H100 GPUs. This is scalable for AI use into “thousands” of H100s.Essentially, this is an H100-based DGX system in which the 8 H100s are cross-connected by NVLink so that they can function as a single unified GPU. The DGX systems are then linked to each other via Nvidia InfiniBand fiber optic links with a total data bandwidth of 3.2 Tb/sec. That’s right, 10^12 bits/sec.How many actual H100 accelerators Microsoft has bought is difficult to determine, but it is apparently in the thousands. We can get a sense of how many thousands by estimating the number of H100s required to host OpenAI services.OpenAi has been very secretive about the details of ChatGPT, so it’s difficult to determine the hardware resources that a single instance of ChatGPT requires. Tom’s Hardware has an interesting article in which the author ran a less capable GPT on a PC equipped with an RTX 4090 GPU (Nvidia’s current top of the line for consumers).If a single GPU with 24 GB of VRAM can run the lesser GPT, then I would estimate that a single H100 with 80 GB of VRAM would be sufficient to run a ChatGPT instance. This is only an estimate. In fact, an instance of ChatGPT may have its processing spread over multiple H100s and access more than 80 GB of VRAM, depending on the workload. More advanced GPTs, either from OpenAI or Microsoft, might require even more.OpenAI reportedly receives 55 million unique visitors per day for an average visit time of 8 minutes. If I assume each visitor gets exclusive use of an H100 for the duration of the visit, then this implies that there must be about 300,000 H100s in the Azure cloud service to handle the load. That would amount to 37,500 H100 DGX systems, worth about $3.75 billion in revenue probably spread over a number of quarters.Up to Nvidia’s fiscal 2023 Q4, most of this infrastructure was probably already accounted for in Nvidia’s Data Center business segment revenue. However, the potential for expansion of GPT-like AI services on Azure implies that there is much more to come. Microsoft’s H100-based service, called ND H100 V5, is currently offered for preview only. This is probably to ensure that the available hardware is not overloaded.Investor takeaways: Nvidia “gets there firstest with the mostest” in generative AIAlmost every hardware provider in the cloud services space has noted that generative AI represents a huge opportunity. And they’re right, but I doubt that opportunity will be uniformly distributed.There’s an old saying that battles are won by the side that “gets there firstest with the mostest,” and this describes Nvidia’s AI acceleration business. While competitors are talking about capturing future opportunities, Nvidia is capturing the present market for generative AI acceleration.Nvidia has done this by staying abreast of current developments and presciently anticipating future needs. Nvidia was there from the beginning of OpenAI, when Jensen Huang personally delivered the first DGX system to OpenAI in 2016.Nvidia Corporation is about to report the results for its fiscal 2024 Q1 next week (expected May 24 post-market). As usual, I’ll be sharing detailed financial projections for the quarter with Rethink Technology members in advance of the report. I fully expect Data Center revenue to grow significantly y/y, in contrast with Nvidia’s competitors. I remain long Nvidia Corporation stock and rate it a Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921446225,"gmtCreate":1671118567067,"gmtModify":1676538493795,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$&nbsp;</a><v-v data-views=\"0\"></v-v>Recession is around the corner, Feds interest ratehike is just the&nbsp;beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$&nbsp;</a><v-v data-views=\"0\"></v-v>Recession is around the corner, Feds interest ratehike is just the&nbsp;beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king","text":"$Vanguard S&P 500 ETF(VOO)$ Recession is around the corner, Feds interest ratehike is just the beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921446225","isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966146072,"gmtCreate":1669456986797,"gmtModify":1676538198979,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/3577965120664925\">@SR050321&nbsp;</a> here is another post made previously for dividend harvesting, hope this helps","listText":"<a href=\"https://ttm.financial/U/3577965120664925\">@SR050321&nbsp;</a> here is another post made previously for dividend harvesting, hope this helps","text":"@SR050321 here is another post made previously for dividend harvesting, hope this helps","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966146072","repostId":"2275629457","repostType":2,"repost":{"id":"2275629457","pubTimestamp":1665666000,"share":"https://ttm.financial/m/news/2275629457?lang=&edition=fundamental","pubTime":"2022-10-13 21:00","market":"us","language":"en","title":"Dividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions","url":"https://stock-news.laohu8.com/highlight/detail?id=2275629457","media":"seekingalpha","summary":"Mongkol Onnuan The markets started out with a bang in week 84 but barely held onto their gains, fini","content":"<html><body><p><figure><picture> <img height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture><figcaption> <p>Mongkol Onnuan</p></figcaption></figure></p> <p>The markets started out with a bang in week 84 but barely held onto their gains, finishing the week up 0.69% on the S&amp;P 500 and 0.32% on the Nasdaq. The Dividend Harvesting Portfolio finished week<span> 84 in the red again but started to climb its way back to even as it went from being down -12.65% (-$1,050.35) in week 83 to finishing week 84 down -11.56% (-$971.36). At one point, the Dividend Harvesting Portfolio was down around -$550 on Tuesday, but as the markets gave back most of their weekly gains, so did the Dividend Harvesting Portfolio. It's been difficult for me not to change the parameters of this series as I feel there are many great opportunities and want to increase the weekly allotted capital so I can take advantage of the downturn. I made a decision to stick with the $100 per week so all of the metrics are based on the same investment strategy. I think there is still more downside ahead of us, and I plan on dollar cost averaging as the bear market continues. Eventually, the markets will bottom, and as a long-term investor, I plan on capitalizing on these prices while they last.</span></p> <p>In week 84, the Dividend Harvesting Portfolio closed with an account value of $7,429.64. The projected annual income increased to $613.17, which is a forward yield of 8.25%. In week 84, 7 positions generated income, and I collected $3.72 in dividends. Throughout 2022, this portfolio has generated weekly income, and I have collected and reinvested $332.82 in dividends. With week 84's allocated capital, I added a share to my position in Realty Income (O) and the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> S&amp;P 500 Covered Call ETF (XYLD). I recently wrote an article on XYLD and outlined why I am still a fan of this double-digit yielding ETF. I have some ideas for next week, and plan on adding too many of my current positions as time progresses.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598667296143.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p><em>I allocate capital toward big tech, funds, dividends, and growth outside of my retirement accounts. These are not my only investments, but I did open a separate account, so I could easily track and document this series. I intentionally created broad diversification throughout the Dividend Harvesting portfolio so I could benefit from sector rotations and mitigate my downside risk. Investors who are too exposed to growth companies or large-cap tech have gotten crushed as the investment landscape changes. On the growth and tech side of my investments, I am feeling the pain as some of my favorite companies, including Alphabet (GOOGL) (GOOG), Amazon (AMZN), and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META), have been taken to the woodshed.</em></p> <p><em>I am going to address a question that continues to surface. I am not trying to beat the market with this portfolio. I love index funds and am invested in several index funds. I love dividend investing due to the stream of cash flow it generates. I don't want 100% of my assets outside of real estate tied to an S&amp;P index fund. I have created a personal investment strategy that works to achieve my investment goals, and having a stream of income generated from dividends is part of my investment strategy. Low-cost index funds are one of the best investments anyone can make in my opinion, and the Dividend Harvesting portfolio is not meant to be a substitute for an index fund. I have read many questions about dividend investing and wanted to start a portfolio from the ground up and document its progress to disprove many misconceptions, including that you need a large amount of seed capital to make dividend investing work for you.</em></p> <p><em>This series has never been about hitting a target yield, generating a certain amount of profit, or beating the market. I had two specific goals with this series. The first was to create a blueprint for constructing a dividend portfolio by documenting the journey starting from the beginning. The second goal was to illustrate how allocating capital each week toward investing, regardless of the amount, would be beneficial in the long run.</em></p> <p><em>Too many people are under the illusion that you need tens of thousands or even hundreds of thousands to benefit from investing. Instead of using my real dividend portfolio as an example, I decided to start a new account, fund it with $100, and add $100 weekly, providing a step-by-step guide to dividend investing. This methodology doesn't have to be used for dividend investing, and it could be as simple as an S&amp;P index fund or a Total Market fund. Hopefully, this series is inspiring people to invest in their future to attain financial freedom.</em></p> <h2><strong>A Historical Recap of the Dividend Harvesting Portfolio's Investment Principles and Historical Performance </strong></h2> <p><em>Investment Objectives</em></p> <ul> <li>Income generation</li> <li>Downside mitigation through diversification</li> <li>Capital appreciation</li> </ul> <p><em>Below are the fundamental rules I have put in place for this Portfolio:</em></p> <ul> <li>Allocate $100 weekly to this Portfolio</li> <li>Only invest in dividend-producing investments</li> <li>No position can exceed 5% of the Portfolio</li> <li>No sector can exceed 20% of the Portfolio</li> <li>All dividends &amp; distributions are to be reinvested</li> </ul> <p><em>Below is a chart that extends from week 1 through the current week to illustrate the Dividend Harvesting Portfolio's Progression</em></p> <ul> <li>Blue line is my initial investment $100 in week 1, $1,000 in week 10, etc.</li> <li>Red line is the account value at the end of each week</li> <li>Yellow line is the annual dividend income the Dividend Harvesting Portfolio was projected to generate after that week's investments and dividends reinvested</li> </ul> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598660116577.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <h2><strong>The Dividend Harvesting Portfolio Dividend Section</strong></h2> <p>There is no longer an ETN section of the portfolio, and I am not sure if I will be adding ETNs again. Here is how much dividend income is generated per investment basket:</p> <ul> <li>Equities $191.34 (31.20%)</li> <li>ETFs $139.33 (22.72%)</li> <li>REITs $123.52 (20.14%)</li> <li>CEFs $118.63 (19.35%)</li> <li>BDC $40.35 (6.58%)</li> </ul> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598665646966.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598664089584.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>Collecting dividends can serve many functions in a portfolio. Some investors utilize dividends to supplement their income and live off. I am building a dividend portfolio for myself 30 years into the future. Since I am reinvesting every dividend, they serve multiple purposes today. In 2022 alone, I have collected $332.82 in dividend income from 398 dividends across 40 weeks. This has allowed the Dividend Harvesting portfolio to stay in the black while growing the snowball effect.</p> <p>These dividends allow me to gain additional equity in my investments while increasing my future cash flow in down markets. This style of investing isn't for everyone, but if you're looking to generate consistent cash flow while mitigating downside risk, this method has worked for me. I am hoping to collect between $450 and $500 in dividends in 2022, which will be reinvested, and finish the year generating &gt;$700 in annual dividends.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598666248493.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p><em>This next chart illustrates my monthly YoY dividend income progression. Since I started this series in April of 2021, that is where the dividend income starts, illustrated by the blue bars. My dividend income has increased substantially as April's income has grown by 886.2% YoY, March 585.52% YoY, June 476.52% YoY, July's 254.25% YoY, and August 247.13%.</em></p> <p><em>The month of September just finished, and I collected $47.96 in dividend income. This is a YoY increase of $35.45 or 283.37%.</em></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598666323376.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>The Dividend Harvesting Portfolio is producing 588 annual dividends. I am not expecting this to change as I am focusing on dollar cost averaging on current positions.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598676843805.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>The goal of generating enough income from the dividends to purchase an additional share per year has been the never-ending project of this portfolio. There are now 11 total positions generating at least 100% of their share value in dividends within the Dividend Harvesting portfolio. This could fluctuate due to market volatility, but I am looking to have as many positions generating at least 1 share annually from their dividends as I can.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680640686.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <h2><strong>The Dividend Harvesting Portfolio Composition</strong></h2> <p><em>Many of the readers have asked if I could break down the individual positions within these sectors. I created pie charts for each individual sector and have illustrated how much each position represents of that sector of the Dividend Harvesting portfolio. Since I only have 1 position in Food &amp; Staple Retailing and Industrials, I did not make a chart for those. <a href=\"https://laohu8.com/S/MMM\">3M</a> (MMM) and <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) represent 100% of those sectors. The charts will follow the normal portfolio total I have constructed. Please keep the ideas coming, as I am happy to add as much detail to this series as I can.</em></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680636344.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>In week 84, REITs remained the largest segment of the Dividend Harvesting Portfolio with 17.9% of its value. Individual equities make up 44.97% of the portfolio and generate 31.20% of the dividend income, while ETFs, CEFs, REITs, BDCs, and ETNs represent 55.03% of the portfolio and generate 68.80% of the dividend income. I have a 20% maximum sector weight, so when a singular sector gets close to that level, I make sure capital is allocated away from that area to balance things out. In 2022, I will make an effort to even out these portfolio percentages. As more capital is deployed, the bottom half of the portfolio weighting will increase.</p> <span><span><span></span><table> <tr> <td><p><strong>Industry</strong></p></td> <td><p><strong>Investment</strong></p></td> <td><p><strong>Portfolio Total</strong></p></td> <td><p><strong>% of Portfolio</strong></p></td> </tr> <tr> <td><p>REIT</p></td> <td><p>$1,325.94</p></td> <td><p>$7,428.64</p></td> <td><p>17.85%</p></td> </tr> <tr> <td><p>ETFs</p></td> <td><p>$1,265.42</p></td> <td><p>$7,428.64</p></td> <td><p>17.03%</p></td> </tr> <tr> <td><p>Closed End Funds</p></td> <td><p>$1,080.30</p></td> <td><p>$7,428.64</p></td> <td><p>14.54%</p></td> </tr> <tr> <td><p>Oil, Gas &amp; Consumable Fuels</p></td> <td><p>$636.63</p></td> <td><p>$7,428.64</p></td> <td><p>8.57%</p></td> </tr> <tr> <td><p>Consumer Staples</p></td> <td><p>$519.53</p></td> <td><p>$7,428.64</p></td> <td><p>6.99%</p></td> </tr> <tr> <td><p>Technology</p></td> <td><p>$491.39</p></td> <td><p>$7,428.64</p></td> <td><p>6.61%</p></td> </tr> <tr> <td><p>Financials</p></td> <td><p>$479.33</p></td> <td><p>$7,428.64</p></td> <td><p>6.45%</p></td> </tr> <tr> <td><p>Communication Services</p></td> <td><p>$479.22</p></td> <td><p>$7,428.64</p></td> <td><p>6.45%</p></td> </tr> <tr> <td><p>BDC</p></td> <td><p>$414.74</p></td> <td><p>$7,428.64</p></td> <td><p>5.58%</p></td> </tr> <tr> <td><p>Utility</p></td> <td><p>$253.92</p></td> <td><p>$7,428.64</p></td> <td><p>3.42%</p></td> </tr> <tr> <td><p>Pharmaceuticals</p></td> <td><p>$214.02</p></td> <td><p>$7,428.64</p></td> <td><p>2.88%</p></td> </tr> <tr> <td><p>Industrials</p></td> <td><p>$111.07</p></td> <td><p>$7,428.64</p></td> <td><p>1.50%</p></td> </tr> <tr> <td><p>Independent Power &amp; Renewable Electricity Producers</p></td> <td><p>$94.36</p></td> <td><p>$7,428.64</p></td> <td><p>1.27%</p></td> </tr> <tr> <td><p>Food &amp; Staple Retailing</p></td> <td><p>$61.44</p></td> <td><p>$7,428.64</p></td> <td><p>0.83%</p></td> </tr> <tr> <td><p>Cash</p></td> <td><p>$1.33</p></td> <td><p>$7,428.64</p></td> <td><p>0.02%</p></td> </tr> </table> <span></span></span><button><svg viewbox=\"0 0 16 16\" xmlns=\"http://www.w3.org/2000/svg\"><path clip-rule=\"evenodd\" d=\"M16 11a5 5 0 0 1-5 5H5a5 5 0 0 1-5-5V5a5 5 0 0 1 5-5h6a5 5 0 0 1 5 5v6zm-4.5-2.5h2v-6h-6v2h4v4zm-9-1h2v4h4v2h-6v-6z\" fill-rule=\"evenodd\"></path></svg>Click to enlarge</button></span> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868063902.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868064193.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680639055.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680640817.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680641036.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680638804.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868063959.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680601563.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680641298.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598676804142.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868063939.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680639539.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>In week 84, Exxon Mobil (XOM) reclaimed the top spot after some time floating around the top-ten. Verizon (VZ) is the only other position that has a weighting of over 4%. There is a good chance that in week 85, I will be adding to at least 1 position in the top-10 holdings.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680642116.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <h2>Week 84 Additions</h2> <p>In week 84, I used the weekly $100 allotment to add an additional share to:</p> <ul> <li>Realty Income</li> <li>Global X S&amp;P 500 Covered-Call ETF</li> </ul> <p>Realty Income</p> <ul><li>REITs have been crushed as the cost of capital has increased, and treasury yields have risen. O is considered the gold standard of commercial real estate by many investors, and its declined by -14.25% over the previous month. O is now yielding over 5%, and I felt this was a great time to add, as O is close to its 52-week lows. O has 11,400 real estate properties and has declared 627 consecutive monthly dividends with 117 increases. If O stays at these levels or drops lower, I will be adding more shares to my position.</li></ul> <p>Global X S&amp;P 500 Covered-Call ETF</p> <ul><li>I recently wrote an article on XYLD explaining why I am still interested in this ETF. As treasury yields reached 3.89%, income investors have a choice of where to generate income as we are no longer in a yield-starved environment. XYLD has paid 111 consecutive monthly dividends and generates a yield that exceeds 10%. I believe that XYLD will appreciate in value when the markets turn, and I plan on continuing to reinvest all of the dividends along the way.</li></ul> <h2><strong>Week 85 Gameplan</strong></h2> <p>In week 85, I am considering adding to the following positions, Walgreens Boots Alliance (WBA), Intel Corporation (INTC), Verizon (VZ), and <a href=\"https://laohu8.com/S/NNN\">National Retail Properties</a> (NNN). We will see what occurs, but at least 1 of these names will be added to.</p> <h2><strong>Conclusion</strong></h2> <div></div> <p>84 weeks have come and gone, and I can't believe how quickly time has passed. While the markets are down and the Dividend Harvesting Portfolio is in the red, I am very happy with the progress it's made. I am generating $613.17 in annual dividends from an incredibly diversified portfolio that has been holding up quite well throughout the bear market. I look forward to dollar cost averaging into many of these positions as the weeks progress and what this portfolio will look like in the years to come. Please leave your feedback and suggestions below.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545508-dividend-harvesting-week-84-update><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mongkol Onnuan The markets started out with a bang in week 84 but barely held onto their gains, finishing the week up 0.69% on the S&P 500 and 0.32% on the Nasdaq. The Dividend Harvesting Portfolio ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545508-dividend-harvesting-week-84-update\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg","relate_stocks":{"LU0444971666.USD":"天利全球科技基金","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4574":"无人驾驶","BK4122":"互联网与直销零售","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","AMZN":"亚马逊","OEF":"标普100指数ETF-iShares","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","META":"Meta Platforms, Inc.","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","SG9999002232.USD":"Allianz Global High Payout USD","LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4507":"流媒体概念","XYLD":"Global X S&P 500 Covered Call ETF","BK4128":"药品零售","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","GOOGL":"谷歌A","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4566":"资本集团","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","SG9999002521.SGD":"United Global Resources A Acc SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4525":"远程办公概念","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0861579265.USD":"联博低波幅策略股票基金A"},"source_url":"https://seekingalpha.com/article/4545508-dividend-harvesting-week-84-update","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2275629457","content_text":"Mongkol Onnuan The markets started out with a bang in week 84 but barely held onto their gains, finishing the week up 0.69% on the S&P 500 and 0.32% on the Nasdaq. The Dividend Harvesting Portfolio finished week 84 in the red again but started to climb its way back to even as it went from being down -12.65% (-$1,050.35) in week 83 to finishing week 84 down -11.56% (-$971.36). At one point, the Dividend Harvesting Portfolio was down around -$550 on Tuesday, but as the markets gave back most of their weekly gains, so did the Dividend Harvesting Portfolio. It's been difficult for me not to change the parameters of this series as I feel there are many great opportunities and want to increase the weekly allotted capital so I can take advantage of the downturn. I made a decision to stick with the $100 per week so all of the metrics are based on the same investment strategy. I think there is still more downside ahead of us, and I plan on dollar cost averaging as the bear market continues. Eventually, the markets will bottom, and as a long-term investor, I plan on capitalizing on these prices while they last. In week 84, the Dividend Harvesting Portfolio closed with an account value of $7,429.64. The projected annual income increased to $613.17, which is a forward yield of 8.25%. In week 84, 7 positions generated income, and I collected $3.72 in dividends. Throughout 2022, this portfolio has generated weekly income, and I have collected and reinvested $332.82 in dividends. With week 84's allocated capital, I added a share to my position in Realty Income (O) and the Global X S&P 500 Covered Call ETF (XYLD). I recently wrote an article on XYLD and outlined why I am still a fan of this double-digit yielding ETF. I have some ideas for next week, and plan on adding too many of my current positions as time progresses.   Steven Fiorillo I allocate capital toward big tech, funds, dividends, and growth outside of my retirement accounts. These are not my only investments, but I did open a separate account, so I could easily track and document this series. I intentionally created broad diversification throughout the Dividend Harvesting portfolio so I could benefit from sector rotations and mitigate my downside risk. Investors who are too exposed to growth companies or large-cap tech have gotten crushed as the investment landscape changes. On the growth and tech side of my investments, I am feeling the pain as some of my favorite companies, including Alphabet (GOOGL) (GOOG), Amazon (AMZN), and Meta Platforms (META), have been taken to the woodshed. I am going to address a question that continues to surface. I am not trying to beat the market with this portfolio. I love index funds and am invested in several index funds. I love dividend investing due to the stream of cash flow it generates. I don't want 100% of my assets outside of real estate tied to an S&P index fund. I have created a personal investment strategy that works to achieve my investment goals, and having a stream of income generated from dividends is part of my investment strategy. Low-cost index funds are one of the best investments anyone can make in my opinion, and the Dividend Harvesting portfolio is not meant to be a substitute for an index fund. I have read many questions about dividend investing and wanted to start a portfolio from the ground up and document its progress to disprove many misconceptions, including that you need a large amount of seed capital to make dividend investing work for you. This series has never been about hitting a target yield, generating a certain amount of profit, or beating the market. I had two specific goals with this series. The first was to create a blueprint for constructing a dividend portfolio by documenting the journey starting from the beginning. The second goal was to illustrate how allocating capital each week toward investing, regardless of the amount, would be beneficial in the long run. Too many people are under the illusion that you need tens of thousands or even hundreds of thousands to benefit from investing. Instead of using my real dividend portfolio as an example, I decided to start a new account, fund it with $100, and add $100 weekly, providing a step-by-step guide to dividend investing. This methodology doesn't have to be used for dividend investing, and it could be as simple as an S&P index fund or a Total Market fund. Hopefully, this series is inspiring people to invest in their future to attain financial freedom. A Historical Recap of the Dividend Harvesting Portfolio's Investment Principles and Historical Performance  Investment Objectives  Income generation Downside mitigation through diversification Capital appreciation  Below are the fundamental rules I have put in place for this Portfolio:  Allocate $100 weekly to this Portfolio Only invest in dividend-producing investments No position can exceed 5% of the Portfolio No sector can exceed 20% of the Portfolio All dividends & distributions are to be reinvested  Below is a chart that extends from week 1 through the current week to illustrate the Dividend Harvesting Portfolio's Progression  Blue line is my initial investment $100 in week 1, $1,000 in week 10, etc. Red line is the account value at the end of each week Yellow line is the annual dividend income the Dividend Harvesting Portfolio was projected to generate after that week's investments and dividends reinvested    Steven Fiorillo The Dividend Harvesting Portfolio Dividend Section There is no longer an ETN section of the portfolio, and I am not sure if I will be adding ETNs again. Here is how much dividend income is generated per investment basket:  Equities $191.34 (31.20%) ETFs $139.33 (22.72%) REITs $123.52 (20.14%) CEFs $118.63 (19.35%) BDC $40.35 (6.58%)    Steven Fiorillo   Steven Fiorillo Collecting dividends can serve many functions in a portfolio. Some investors utilize dividends to supplement their income and live off. I am building a dividend portfolio for myself 30 years into the future. Since I am reinvesting every dividend, they serve multiple purposes today. In 2022 alone, I have collected $332.82 in dividend income from 398 dividends across 40 weeks. This has allowed the Dividend Harvesting portfolio to stay in the black while growing the snowball effect. These dividends allow me to gain additional equity in my investments while increasing my future cash flow in down markets. This style of investing isn't for everyone, but if you're looking to generate consistent cash flow while mitigating downside risk, this method has worked for me. I am hoping to collect between $450 and $500 in dividends in 2022, which will be reinvested, and finish the year generating >$700 in annual dividends.   Steven Fiorillo This next chart illustrates my monthly YoY dividend income progression. Since I started this series in April of 2021, that is where the dividend income starts, illustrated by the blue bars. My dividend income has increased substantially as April's income has grown by 886.2% YoY, March 585.52% YoY, June 476.52% YoY, July's 254.25% YoY, and August 247.13%. The month of September just finished, and I collected $47.96 in dividend income. This is a YoY increase of $35.45 or 283.37%.   Steven Fiorillo The Dividend Harvesting Portfolio is producing 588 annual dividends. I am not expecting this to change as I am focusing on dollar cost averaging on current positions.   Steven Fiorillo The goal of generating enough income from the dividends to purchase an additional share per year has been the never-ending project of this portfolio. There are now 11 total positions generating at least 100% of their share value in dividends within the Dividend Harvesting portfolio. This could fluctuate due to market volatility, but I am looking to have as many positions generating at least 1 share annually from their dividends as I can.   Steven Fiorillo The Dividend Harvesting Portfolio Composition Many of the readers have asked if I could break down the individual positions within these sectors. I created pie charts for each individual sector and have illustrated how much each position represents of that sector of the Dividend Harvesting portfolio. Since I only have 1 position in Food & Staple Retailing and Industrials, I did not make a chart for those. 3M (MMM) and Walgreens Boots Alliance (WBA) represent 100% of those sectors. The charts will follow the normal portfolio total I have constructed. Please keep the ideas coming, as I am happy to add as much detail to this series as I can.   Steven Fiorillo In week 84, REITs remained the largest segment of the Dividend Harvesting Portfolio with 17.9% of its value. Individual equities make up 44.97% of the portfolio and generate 31.20% of the dividend income, while ETFs, CEFs, REITs, BDCs, and ETNs represent 55.03% of the portfolio and generate 68.80% of the dividend income. I have a 20% maximum sector weight, so when a singular sector gets close to that level, I make sure capital is allocated away from that area to balance things out. In 2022, I will make an effort to even out these portfolio percentages. As more capital is deployed, the bottom half of the portfolio weighting will increase.   Industry Investment Portfolio Total % of Portfolio   REIT $1,325.94 $7,428.64 17.85%   ETFs $1,265.42 $7,428.64 17.03%   Closed End Funds $1,080.30 $7,428.64 14.54%   Oil, Gas & Consumable Fuels $636.63 $7,428.64 8.57%   Consumer Staples $519.53 $7,428.64 6.99%   Technology $491.39 $7,428.64 6.61%   Financials $479.33 $7,428.64 6.45%   Communication Services $479.22 $7,428.64 6.45%   BDC $414.74 $7,428.64 5.58%   Utility $253.92 $7,428.64 3.42%   Pharmaceuticals $214.02 $7,428.64 2.88%   Industrials $111.07 $7,428.64 1.50%   Independent Power & Renewable Electricity Producers $94.36 $7,428.64 1.27%   Food & Staple Retailing $61.44 $7,428.64 0.83%   Cash $1.33 $7,428.64 0.02%   Click to enlarge   Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo In week 84, Exxon Mobil (XOM) reclaimed the top spot after some time floating around the top-ten. Verizon (VZ) is the only other position that has a weighting of over 4%. There is a good chance that in week 85, I will be adding to at least 1 position in the top-10 holdings.   Steven Fiorillo Week 84 Additions In week 84, I used the weekly $100 allotment to add an additional share to:  Realty Income Global X S&P 500 Covered-Call ETF  Realty Income REITs have been crushed as the cost of capital has increased, and treasury yields have risen. O is considered the gold standard of commercial real estate by many investors, and its declined by -14.25% over the previous month. O is now yielding over 5%, and I felt this was a great time to add, as O is close to its 52-week lows. O has 11,400 real estate properties and has declared 627 consecutive monthly dividends with 117 increases. If O stays at these levels or drops lower, I will be adding more shares to my position. Global X S&P 500 Covered-Call ETF I recently wrote an article on XYLD explaining why I am still interested in this ETF. As treasury yields reached 3.89%, income investors have a choice of where to generate income as we are no longer in a yield-starved environment. XYLD has paid 111 consecutive monthly dividends and generates a yield that exceeds 10%. I believe that XYLD will appreciate in value when the markets turn, and I plan on continuing to reinvest all of the dividends along the way. Week 85 Gameplan In week 85, I am considering adding to the following positions, Walgreens Boots Alliance (WBA), Intel Corporation (INTC), Verizon (VZ), and National Retail Properties (NNN). We will see what occurs, but at least 1 of these names will be added to. Conclusion  84 weeks have come and gone, and I can't believe how quickly time has passed. While the markets are down and the Dividend Harvesting Portfolio is in the red, I am very happy with the progress it's made. I am generating $613.17 in annual dividends from an incredibly diversified portfolio that has been holding up quite well throughout the bear market. I look forward to dollar cost averaging into many of these positions as the weeks progress and what this portfolio will look like in the years to come. Please leave your feedback and suggestions below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":682,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","crmLevel":2,"crmLevelSwitch":0,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"content":"This is a good summary, i must learn to do this for my 2023 year end. This year i did not total up my dividend, so i will try next year, thanks for sharing ! 👍🙏","text":"This is a good summary, i must learn to do this for my 2023 year end. This year i did not total up my dividend, so i will try next year, thanks for sharing ! 👍🙏","html":"This is a good summary, i must learn to do this for my 2023 year end. This year i did not total up my dividend, so i will try next year, thanks for sharing ! 👍🙏"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931984078,"gmtCreate":1662383760895,"gmtModify":1676537049314,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Long oil","listText":"Long oil","text":"Long oil","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931984078","repostId":"1190367735","repostType":2,"repost":{"id":"1190367735","pubTimestamp":1662382192,"share":"https://ttm.financial/m/news/1190367735?lang=&edition=fundamental","pubTime":"2022-09-05 20:49","market":"fut","language":"en","title":"OPEC+ Agrees to Make Token Supply Cut to Steady Oil Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1190367735","media":"Bloomberg","summary":"OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a","content":"<html><head></head><body><p>OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a faltering economic backdrop triggered the longest price rout in two years.</p><p>The group will reduce production by 100,000 barrels a day next month, taking supplies back to August levels, it said in a statement. In its final communique after Monday’s online conference, the alliance also highlighted that it would be willing to call another ministerial meeting at any time if needed to address market developments. Its next scheduled talks will be on Oct. 5.</p><p>The surprise move from OPEC+ exactly reverses the September increase that was made in response to entreaties from US President Joe Biden to help bring down oil prices. It could come as worrying development for consuming nations as they grapple the inflationary squeeze from crude at $95 a barrel and the prospect of a winter energy crunch. Markets are on track to tighten as the European Union sanctions Russian crude over its invasion of Ukraine.</p><p>Although the cut is “is inconsequential in volume terms, it is rather intended to send he signal that OPEC+ is back into a price-watch mode,” said Bill Farren-Price, head of macro oil and gas research at Enverus. The group may hope this move “will be enough to deter any short-sellers.”</p><p>Brent crude was 3.2% higher at $96.03 a barrel as of 1:16 p.m. in London.</p><p>While traders mostly expected the Organization of Petroleum Exporting Countries and its allies would hold steady, the coalition’s leading producer had indicated it might be about to pivot. Saudi Energy Minister Prince Abdulaziz bin Salman said a couple of weeks ago that the OPEC+ alliance -- which has just finished restoring the output halted during the 2020 pandemic -- was now considering cuts as a way to stabilize excessive volatility in global markets.</p><p>Crude futures had lost 20% in the past three months on fears of a global economic slowdown, imperiling the revenue windfall being enjoyed this year by the Saudis and their partners. China, the biggest oil importer, has exhibited signs of an “alarming” economic slowdown, with apparent consumption sinking 9.7% in July to a two-year low amid weaker business activity and harsh Covid-19 curbs. Meanwhile, the US has skirted close to recession and pursued stricter monetary policy.</p><p>Nonetheless, the decision to cut clashes somewhat with the OPEC+ alliance’s own outlook. Analysis from an OPEC+ committee that met last Wednesday showed that global demand will be higher than supplies in the fourth quarter, causing inventories to draw down at a rate of 300,000 barrels a day.</p><p>OPEC’s newly-appointed Secretary-General, Haitham Al Ghais, said in mid-August that he expects a “bullish” surge of demand from consumers eager to resume normalcy after two-years of Covid restrictions.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC+ Agrees to Make Token Supply Cut to Steady Oil Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC+ Agrees to Make Token Supply Cut to Steady Oil Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 20:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/opec-agrees-token-supply-cut-121714949.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a faltering economic backdrop triggered the longest price rout in two years.The group will reduce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/opec-agrees-token-supply-cut-121714949.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/opec-agrees-token-supply-cut-121714949.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190367735","content_text":"OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a faltering economic backdrop triggered the longest price rout in two years.The group will reduce production by 100,000 barrels a day next month, taking supplies back to August levels, it said in a statement. In its final communique after Monday’s online conference, the alliance also highlighted that it would be willing to call another ministerial meeting at any time if needed to address market developments. Its next scheduled talks will be on Oct. 5.The surprise move from OPEC+ exactly reverses the September increase that was made in response to entreaties from US President Joe Biden to help bring down oil prices. It could come as worrying development for consuming nations as they grapple the inflationary squeeze from crude at $95 a barrel and the prospect of a winter energy crunch. Markets are on track to tighten as the European Union sanctions Russian crude over its invasion of Ukraine.Although the cut is “is inconsequential in volume terms, it is rather intended to send he signal that OPEC+ is back into a price-watch mode,” said Bill Farren-Price, head of macro oil and gas research at Enverus. The group may hope this move “will be enough to deter any short-sellers.”Brent crude was 3.2% higher at $96.03 a barrel as of 1:16 p.m. in London.While traders mostly expected the Organization of Petroleum Exporting Countries and its allies would hold steady, the coalition’s leading producer had indicated it might be about to pivot. Saudi Energy Minister Prince Abdulaziz bin Salman said a couple of weeks ago that the OPEC+ alliance -- which has just finished restoring the output halted during the 2020 pandemic -- was now considering cuts as a way to stabilize excessive volatility in global markets.Crude futures had lost 20% in the past three months on fears of a global economic slowdown, imperiling the revenue windfall being enjoyed this year by the Saudis and their partners. China, the biggest oil importer, has exhibited signs of an “alarming” economic slowdown, with apparent consumption sinking 9.7% in July to a two-year low amid weaker business activity and harsh Covid-19 curbs. Meanwhile, the US has skirted close to recession and pursued stricter monetary policy.Nonetheless, the decision to cut clashes somewhat with the OPEC+ alliance’s own outlook. Analysis from an OPEC+ committee that met last Wednesday showed that global demand will be higher than supplies in the fourth quarter, causing inventories to draw down at a rate of 300,000 barrels a day.OPEC’s newly-appointed Secretary-General, Haitham Al Ghais, said in mid-August that he expects a “bullish” surge of demand from consumers eager to resume normalcy after two-years of Covid restrictions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930210347,"gmtCreate":1661963352393,"gmtModify":1676536613274,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930210347","repostId":"1138530092","repostType":4,"repost":{"id":"1138530092","pubTimestamp":1661945261,"share":"https://ttm.financial/m/news/1138530092?lang=&edition=fundamental","pubTime":"2022-08-31 19:27","market":"us","language":"en","title":"Micron: Fortunes Will Be Made","url":"https://stock-news.laohu8.com/highlight/detail?id=1138530092","media":"Seeking Alpha","summary":"The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology.","content":"<html><head></head><body><p>Summary</p><ul><li>Micron is one of the top three suppliers of DRAM Semiconductor chips.</li><li>The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology.</li><li>Micron recently beat earnings estimates for the quarter ending June 2022, but tepid guidance driven by the cyclical semiconductor market has caused a sell off in the stock.</li><li>The company has strong competitive advantages which include over 50,000 patents, technology leadership, manufacturing scale and more.</li><li>MU stock is undervalued intrinsically and relative to the industry.</li></ul><p>From the semiconductor shortages in 2021 to slowing demand in 2022, the semiconductor industry is cyclical. This isn&#39;t always a bad thing in the stock market, as I like to say when there is &#34;volatility&#34; there can also be &#34;opportunity&#34;. The key to cyclical industriesis to identify the underlying trends. In this case, Global Semiconductor revenue isforecastedto grow 7.4% in 2022 and then have a mild contraction of -2.5% in 2023. These rates are both significantly slower than the sharp 26.3% increase during 2021 (as the economy reopens). However, if we look at the overall long-term growth trend, a McKinsey studyindicatesthat the Semiconductor industry will average a 6% to 8% growth rate up until 2030, meaning the industry might be worth a staggering $1 trillion by the end of the decade.</p><p><img src=\"https://static.tigerbbs.com/84a6609a4ea82d7cb5479442d6961a9b\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"/></p><p>Global Semiconductor Industry(McKinsey)</p><p>This growth is no surprise due to the proliferation of semiconductor devices around us from portable devices (Apple (AAPL) watches) to 5G cell phones, Internet of Things [IoT] devices, autonomous vehicle technology, robotics and of course cloud computing.</p><p>Micron (NASDAQ:MU) is poised to ride these secular growth trends as the 4th largest semiconductor in the world. The company is also the 3rd largest DRAM (Dynamic Random Access Memory)supplierin the world with a 24.5% market share. DRAM is used in computing as a form of short-term memory, you may have seen brands such as Micron or Crucial if you have ever upgraded your laptop RAM (Random Access Memory).</p><p>5G cell phones are an especiallyinterestinggrowth tailwind as they have 50% higher DRAM and double the NAND versus 4G smartphones. This is a major deal as 5G smartphone shipments areforecastedto make up 69% of total smartphone shipments worldwide by 2023. As Micron makes approximately 71% of its Revenue from DRAM and 26% from NAND (flash memory), the company is expected to ride these growth trends long term.</p><p>Micron&#39;s stock price is down 40% from its all-time highs and the stock is now undervalued intrinsically. In this in-depth report I&#39;m going to break down Micron&#39;s business model, its financials and valuation, let&#39;s dive in.</p><p><img src=\"https://static.tigerbbs.com/fd3eb3a786102371a8e8e6c0240e290f\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>MUdata by YCharts</p><p><b>Tech Business Model</b></p><p>Micron is an internationally diversified company with 13 manufacturing sites, 14 labs, and an army of ~45,000 employees globally. its headquarters in Idaho and &#34;Fab&#34; in Virginia are especially important given the trend toward &#34;deglobalization&#34; and self-sufficiency of countries. For example, Biden has recentlysignedthe $52 billion CHIPS act, which aims to boost US chips in an effort to compete with China. This legislation is expected to lower the cost of semiconductors and create more manufacturing jobs in the US. Micron also has a global footprint of facilities across the UK (Europe), Japan, Taiwan, Singapore, Malaysia, and even China. This international diversification offers more geopolitical certainty than many other semiconductor companies such as Taiwan Semiconductor Manufacturing (TSM) which is mostly in Taiwan (go figure) a region that has tensions with China and thus could be a future war zone, as we are seeing now with the Russia-Ukraine war. TSM isplanningto build a new factory in Arizona but this will take some time. Micron&#39;s vast scale also acts as a competitive advantage as the company benefits from economies of scaleadvantagesand has an estimated $100 billion replacement cost for its manufacturing plants.</p><p><img src=\"https://static.tigerbbs.com/12f50993628a813557f90554d6218812\" tg-width=\"640\" tg-height=\"293\" referrerpolicy=\"no-referrer\"/></p><p>Micron Stock(Investor Presentation 2022)</p><p>Micron designs and manufactures its semiconductors and then executes strategic acquisitions to increase product diversity and scale of its manufacturing.</p><p>The company reports across three main segments;</p><ul><li>Data Centers</li><li>PC &amp; Graphics</li><li>Mobile and Intelligent Edge</li></ul><p>Data Center growth is an especially important tailwind given the digital transformation of an enterprise&#39;s on-site IT to the cloud. The data center market isforecastedto grow at a rapid 21.98% compounded annual growth rate between 2021 and 2026. We can already see this growth in major companies such asAmazon(AMZN), with Amazon Web Services (its cloud segment) being the fastest growing part of the business. The same is true forMicrosoft(MSFT) with Azure andGoogleCloud (GOOG) (GOOGL). According to Micron&#39;s own estimates, they expect a rapid 28% CAGR in DRAM and 33% CAGR in NAND for Data Center applications up until 2025. I also expect this Data Center revenue to smooth the cyclical cycle for the company.</p><p><img src=\"https://static.tigerbbs.com/85e9c37689a549722eb29dac6a717e2d\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/></p><p>Industry Tailwinds (Investor Day Presentation)</p><p>Other tailwinds include Artificial Intelligence, as more advanced models which support natural language (such as the Alexa software) require more memory. Autonomous driving also requires over 30 times more DRAM and over 100 times more NAND as it moves from Level 0 to Level 5 or full automation. Micron&#39;s own estimates for automotive DRAM growth indicate a blistering 40% CAGR and 49% CAGR in NAND up until 2025.</p><p><img src=\"https://static.tigerbbs.com/bdb099951ef70d3a77c73600c978295f\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\"/></p><p>Trends in Memory growth (Investor presentation 2022)</p><p>Management is highly self-aware and I find that to be necessary to stay ahead in the competitive semiconductor industry. The company states its success depends upon the following;</p><ol><li><p>High Returns on R&amp;D Spend</p></li><li><p>Efficient Manufacturing</p></li><li><p>Development of advanced product/processes</p></li><li><p>Market acceptance of products</p></li><li><p>Return driven capital spending.</p></li></ol><p>As a large technology company, Micron must continually invest in Research and Development in order to stay ahead of the curve. The company is currently investing 10% of its revenues into R&amp;D or ~$2 billion a year. its investments are paying off well so far, with a healthy 14.6% return on capital. As Warren Buffett has often stated in the past, a shareholder&#39;s return over a long period of time often translates to the business&#39;s return on capital. Multiplestudiesalso show that companies that invest a lot into R&amp;D also tend to produce more shareholder value long term, think Google, Facebook (META) etc.</p><p>Micron has a relentless focus on reducing its manufacturing costs, and increasing efficiency and density per wafer. On the technology front, the company has over 50,000-lifetime patents and is a market leader across many areas. For example, the company has the number one market share in DDR5 which is the latest generation of RAM technology, has a higher base speed, and consumes less power than DDR4.</p><p><img src=\"https://static.tigerbbs.com/b402c22d8ded06eb86a035da4350ae75\" tg-width=\"640\" tg-height=\"274\" referrerpolicy=\"no-referrer\"/></p><p>Technology Leader(Investor Presentation)</p><p>The company has alsocreatedthe &#34;world&#39;s fastest discrete graphics memory solution&#34; the GDDR6X. Which is launched as a complement to leading graphics processors such as the NVIDIA GeForce RTX 3090. Micron has also created the &#34;World&#39;s first&#34; 176 layer NVMe Solid State Drive [SSD] for data center workloads. The company even pioneered the “World&#39;s most advanced DRAM process technology” titled the 1-alpha. This enables a 40% improvement in memory density and 15% less power usage.</p><p>Micron is ahead ofcompetitorssuch as SK Hynix and Samsung in certain areas. For example, its DDR5 cell size is 66.26 mm2 cell which is smaller than Samsung’s 73.58 mm2 and SK Hynix’s 75.21 mm2.</p><p><img src=\"https://static.tigerbbs.com/597cc30ed93006f089774b3e04a896ae\" tg-width=\"580\" tg-height=\"305\" referrerpolicy=\"no-referrer\"/></p><p>DDR5 Competitors(Tech Insights/eetasia)</p><p><b>Micron Technology&#39;s Solid Financials</b></p><p>Micron generated solid financial results for FQ3, 2022. Revenue was $8.64 billion which was up 16% year over year and a record for the quarter, despite coming in slightly ($2.98 million) less than analyst estimates.</p><p><img src=\"https://static.tigerbbs.com/f2462b3040641b6fb5dfd8a58ec1ae77\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>MU Revenue Estimates for Next Fiscal Year data by YCharts</p><p>Data Center growth was a strong revenue driver and increased by double digits Q/Q and over 50% year over year. This was driven by strong growth in AI and machine learning workloads. Its Datacenter SSD&#39;s also hit a new record in revenue for the quarter and doubled year over year. From the table below you can see that the majority of segments performed strongly. Compute and Networking revenue was $3.895 billion, up 18% year over year. Storage revenue was $1.341 billion, up a blistering 33% year over year. Embedded revenue was $1.4 billion up a rapid 30% year over year. The only negative was mobile revenue which was $1.967 billion down 2% year over year, but even this was up 5% Q/Q which was a positive.</p><p><img src=\"https://static.tigerbbs.com/ba25b47a2d473fa97d77dd5ae65940a0\" tg-width=\"640\" tg-height=\"203\" referrerpolicy=\"no-referrer\"/></p><p>Business Units(Micron Q3 Report)</p><p>Its Gross Margin was 47.4% in FQ3 which increased from the ~43% generated in the same period last year. The company&#39;s operating expenses were $953 million, which was up ~9% year over year, which wasn&#39;t a major issue given revenue has increased by ~16% over that same period.</p><p>Operating Income was $3.1 billion which was up a rapid 33% year over year. Earnings Per Share [Normalized] was $2.59, which beat analyst estimates by $0.15. EPS [GAAP], and was also in line with analyst estimates with $2.34 reported.</p><p><img src=\"https://static.tigerbbs.com/5bbd2e39c7723ffe495a4445feb80ab5\" tg-width=\"640\" tg-height=\"258\" referrerpolicy=\"no-referrer\"/></p><p>Micron Income(FQ3-22)</p><p>Micron generated strong cash flow from operations for FQ3-22 with $3.8 billion reported (44% of revenue), with Non-GAAP Free Cash Flow of $1.3 billion.</p><p>Management exuded confidence and bought back 108 million shares worth a staggering $5.7 billion. The company also issued $800 million towards settling &#34;convert premiums&#34; which reduced share count by 19 million shares, thus further strengthening the value of each share for shareholders.</p><p>In addition, the company announced a dividend payment of $0.115 per share, which could be an indication the company is expecting the down cycle in the semiconductor industry to be less negative than historically.</p><p>Micron has a fortress balance sheet with $11.977 billion in cash, marketable security investments, and restricted cash. That&#39;s in addition to $5 billion in debt.</p><h3><b>Tepid Outlook</b></h3><p>Micron&#39;s management believes &#34;winter is coming&#34; for the semiconductor industry and had moderated their demand forecast. Here is a direct quote, from their earnings report;</p><blockquote>&#34;Near the end of fiscal Q3, we saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets, including PC and smartphone&#34;</blockquote><p>Due to this, the company believes its year-over-year bit demand growth for the calendar year 2022 to be below the long-term CAGR of mid to high teens for DRAM and the high 20% range for NAND. However, the good news is the company believes this is just a temporary dip and the long term outlook of demand for both DRAM and NAND &#34;remains unchanged&#34;.</p><p>Management has shown a bias for action and aims to reduce its supply growth trajectory. The company plans to use extra stored inventory to supply part of the market demand in FY 2023. A positive of this is less Capex for wafer fab equipment is expected to be required in FY23.</p><h3><b>MU Stock - Advanced Valuation</b></h3><p>I have plugged the latest financials into my valuation model, which uses the DCF method for valuation. I have estimated conservatively that Micron&#39;s revenue will actually decline next year by 15% due to lower semiconductor demand. But in years 2 to 5, I expect a conservative ~6% CAGR to be achieved.</p><p><img src=\"https://static.tigerbbs.com/74ecad96be48b8e8ae0593334e19624f\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\"/></p><p>Micron Stock Valuation 1(created by author Ben at Motivation 2 Invest)</p><p>I have also forecasted Micron&#39;s operating margin to decline to the semiconductor industry average of 24% over the next 3 years, driven by my conservative estimates. Note the above operating margin includes an adjustment I have made, by capitalizing the company&#39;s R&amp;D expenses to increase accuracy.</p><p><img src=\"https://static.tigerbbs.com/0797f4ba97ab4cde64c9cad1538082d5\" tg-width=\"640\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/></p><p>Micron stock valuation 2 (created by author Ben at Motivation 2 Invest)</p><p>Given these factors I get a fair value of $81.29 per share, the stock is currently trading at ~$57 per share and thus is at least 30% undervalued.</p><p>Micron is also trading at a PE Ratio (forward) = 7.39 which is over 40% cheaper than its 5-year average PE ratio = 12.41.</p><p><img src=\"https://static.tigerbbs.com/dbaeb172d804668f47d45e452e10b20b\" tg-width=\"640\" tg-height=\"163\" referrerpolicy=\"no-referrer\"/></p><p>Micron PE Ratio (created by author Ben at Motivation 2 Invest)</p><p>The PE Ratio looking backward is 6.19, which is much lower than the US Semiconductor industry average of 15. From the competitor analysis below, Micron is trading at a cheaper PE ratio than many other semiconductor companies such as TSM which trades at a Price to Earnings Ratio = 13.53. Micron&#39;s closest comparable is SK Hynix (OTC:HXSCL) which trades at a similar PE Ratio equal to approximately 6. SK Hynix has recently acquired Intel&#39;s SSD business and Dalian NAND Flash Manufacturing Facility assets in China for roughly $7 billion. This gives usanotherdata point that the NAND and SSD businesses are consolidating due to complexity.</p><p><img src=\"https://static.tigerbbs.com/5da36550c6b96db6c21e3ec570d20183\" tg-width=\"1280\" tg-height=\"929\" referrerpolicy=\"no-referrer\"/>MU PE Ratio (Forward) data by YCharts</p><h2><b>Risks</b></h2><p><b>Cyclical Semiconductor Market</b></p><p>As mentioned prior, the semiconductor market is cyclical and thus expects things to get worse before they get better. An investment in Micron is an investment in the long-term trends, so expect volatility and possible further declines in share prices over the next year.</p><p><b>Insider Selling</b></p><p>Insiders own ~0.27% of Micron stock, which is good but personally I would like to see this larger and some insiders buying the stock. For example, there has been a lot of insider selling with the mostrecenton the 15th of August 2022, coming fromMichael Bokana global sales VP who sold over $1 million worth of shares at an average price of $63/share.</p><p><b>Final Thoughts</b></p><p>Micron is one of the three big players in DRAM technology and is poised to benefit from the secular growth in the industry driven by 5G, the cloud, and autonomous vehicles. The semiconductor industry is forecasted to have lower demand in 2022 and possibly into 2023, thus lots of volatility is expected. However, as a lot of the bad news is already priced in and the stock is undervalued opening a position would not be crazy. The stock could drop lower in the short term, but long term its technology leadership gives this company a strong competitive advantage.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron: Fortunes Will Be Made</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron: Fortunes Will Be Made\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 19:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537970-micron-fortunes-will-be-made><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMicron is one of the top three suppliers of DRAM Semiconductor chips.The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology....</p>\n\n<a href=\"https://seekingalpha.com/article/4537970-micron-fortunes-will-be-made\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4537970-micron-fortunes-will-be-made","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138530092","content_text":"SummaryMicron is one of the top three suppliers of DRAM Semiconductor chips.The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology.Micron recently beat earnings estimates for the quarter ending June 2022, but tepid guidance driven by the cyclical semiconductor market has caused a sell off in the stock.The company has strong competitive advantages which include over 50,000 patents, technology leadership, manufacturing scale and more.MU stock is undervalued intrinsically and relative to the industry.From the semiconductor shortages in 2021 to slowing demand in 2022, the semiconductor industry is cyclical. This isn't always a bad thing in the stock market, as I like to say when there is \"volatility\" there can also be \"opportunity\". The key to cyclical industriesis to identify the underlying trends. In this case, Global Semiconductor revenue isforecastedto grow 7.4% in 2022 and then have a mild contraction of -2.5% in 2023. These rates are both significantly slower than the sharp 26.3% increase during 2021 (as the economy reopens). However, if we look at the overall long-term growth trend, a McKinsey studyindicatesthat the Semiconductor industry will average a 6% to 8% growth rate up until 2030, meaning the industry might be worth a staggering $1 trillion by the end of the decade.Global Semiconductor Industry(McKinsey)This growth is no surprise due to the proliferation of semiconductor devices around us from portable devices (Apple (AAPL) watches) to 5G cell phones, Internet of Things [IoT] devices, autonomous vehicle technology, robotics and of course cloud computing.Micron (NASDAQ:MU) is poised to ride these secular growth trends as the 4th largest semiconductor in the world. The company is also the 3rd largest DRAM (Dynamic Random Access Memory)supplierin the world with a 24.5% market share. DRAM is used in computing as a form of short-term memory, you may have seen brands such as Micron or Crucial if you have ever upgraded your laptop RAM (Random Access Memory).5G cell phones are an especiallyinterestinggrowth tailwind as they have 50% higher DRAM and double the NAND versus 4G smartphones. This is a major deal as 5G smartphone shipments areforecastedto make up 69% of total smartphone shipments worldwide by 2023. As Micron makes approximately 71% of its Revenue from DRAM and 26% from NAND (flash memory), the company is expected to ride these growth trends long term.Micron's stock price is down 40% from its all-time highs and the stock is now undervalued intrinsically. In this in-depth report I'm going to break down Micron's business model, its financials and valuation, let's dive in.MUdata by YChartsTech Business ModelMicron is an internationally diversified company with 13 manufacturing sites, 14 labs, and an army of ~45,000 employees globally. its headquarters in Idaho and \"Fab\" in Virginia are especially important given the trend toward \"deglobalization\" and self-sufficiency of countries. For example, Biden has recentlysignedthe $52 billion CHIPS act, which aims to boost US chips in an effort to compete with China. This legislation is expected to lower the cost of semiconductors and create more manufacturing jobs in the US. Micron also has a global footprint of facilities across the UK (Europe), Japan, Taiwan, Singapore, Malaysia, and even China. This international diversification offers more geopolitical certainty than many other semiconductor companies such as Taiwan Semiconductor Manufacturing (TSM) which is mostly in Taiwan (go figure) a region that has tensions with China and thus could be a future war zone, as we are seeing now with the Russia-Ukraine war. TSM isplanningto build a new factory in Arizona but this will take some time. Micron's vast scale also acts as a competitive advantage as the company benefits from economies of scaleadvantagesand has an estimated $100 billion replacement cost for its manufacturing plants.Micron Stock(Investor Presentation 2022)Micron designs and manufactures its semiconductors and then executes strategic acquisitions to increase product diversity and scale of its manufacturing.The company reports across three main segments;Data CentersPC & GraphicsMobile and Intelligent EdgeData Center growth is an especially important tailwind given the digital transformation of an enterprise's on-site IT to the cloud. The data center market isforecastedto grow at a rapid 21.98% compounded annual growth rate between 2021 and 2026. We can already see this growth in major companies such asAmazon(AMZN), with Amazon Web Services (its cloud segment) being the fastest growing part of the business. The same is true forMicrosoft(MSFT) with Azure andGoogleCloud (GOOG) (GOOGL). According to Micron's own estimates, they expect a rapid 28% CAGR in DRAM and 33% CAGR in NAND for Data Center applications up until 2025. I also expect this Data Center revenue to smooth the cyclical cycle for the company.Industry Tailwinds (Investor Day Presentation)Other tailwinds include Artificial Intelligence, as more advanced models which support natural language (such as the Alexa software) require more memory. Autonomous driving also requires over 30 times more DRAM and over 100 times more NAND as it moves from Level 0 to Level 5 or full automation. Micron's own estimates for automotive DRAM growth indicate a blistering 40% CAGR and 49% CAGR in NAND up until 2025.Trends in Memory growth (Investor presentation 2022)Management is highly self-aware and I find that to be necessary to stay ahead in the competitive semiconductor industry. The company states its success depends upon the following;High Returns on R&D SpendEfficient ManufacturingDevelopment of advanced product/processesMarket acceptance of productsReturn driven capital spending.As a large technology company, Micron must continually invest in Research and Development in order to stay ahead of the curve. The company is currently investing 10% of its revenues into R&D or ~$2 billion a year. its investments are paying off well so far, with a healthy 14.6% return on capital. As Warren Buffett has often stated in the past, a shareholder's return over a long period of time often translates to the business's return on capital. Multiplestudiesalso show that companies that invest a lot into R&D also tend to produce more shareholder value long term, think Google, Facebook (META) etc.Micron has a relentless focus on reducing its manufacturing costs, and increasing efficiency and density per wafer. On the technology front, the company has over 50,000-lifetime patents and is a market leader across many areas. For example, the company has the number one market share in DDR5 which is the latest generation of RAM technology, has a higher base speed, and consumes less power than DDR4.Technology Leader(Investor Presentation)The company has alsocreatedthe \"world's fastest discrete graphics memory solution\" the GDDR6X. Which is launched as a complement to leading graphics processors such as the NVIDIA GeForce RTX 3090. Micron has also created the \"World's first\" 176 layer NVMe Solid State Drive [SSD] for data center workloads. The company even pioneered the “World's most advanced DRAM process technology” titled the 1-alpha. This enables a 40% improvement in memory density and 15% less power usage.Micron is ahead ofcompetitorssuch as SK Hynix and Samsung in certain areas. For example, its DDR5 cell size is 66.26 mm2 cell which is smaller than Samsung’s 73.58 mm2 and SK Hynix’s 75.21 mm2.DDR5 Competitors(Tech Insights/eetasia)Micron Technology's Solid FinancialsMicron generated solid financial results for FQ3, 2022. Revenue was $8.64 billion which was up 16% year over year and a record for the quarter, despite coming in slightly ($2.98 million) less than analyst estimates.MU Revenue Estimates for Next Fiscal Year data by YChartsData Center growth was a strong revenue driver and increased by double digits Q/Q and over 50% year over year. This was driven by strong growth in AI and machine learning workloads. Its Datacenter SSD's also hit a new record in revenue for the quarter and doubled year over year. From the table below you can see that the majority of segments performed strongly. Compute and Networking revenue was $3.895 billion, up 18% year over year. Storage revenue was $1.341 billion, up a blistering 33% year over year. Embedded revenue was $1.4 billion up a rapid 30% year over year. The only negative was mobile revenue which was $1.967 billion down 2% year over year, but even this was up 5% Q/Q which was a positive.Business Units(Micron Q3 Report)Its Gross Margin was 47.4% in FQ3 which increased from the ~43% generated in the same period last year. The company's operating expenses were $953 million, which was up ~9% year over year, which wasn't a major issue given revenue has increased by ~16% over that same period.Operating Income was $3.1 billion which was up a rapid 33% year over year. Earnings Per Share [Normalized] was $2.59, which beat analyst estimates by $0.15. EPS [GAAP], and was also in line with analyst estimates with $2.34 reported.Micron Income(FQ3-22)Micron generated strong cash flow from operations for FQ3-22 with $3.8 billion reported (44% of revenue), with Non-GAAP Free Cash Flow of $1.3 billion.Management exuded confidence and bought back 108 million shares worth a staggering $5.7 billion. The company also issued $800 million towards settling \"convert premiums\" which reduced share count by 19 million shares, thus further strengthening the value of each share for shareholders.In addition, the company announced a dividend payment of $0.115 per share, which could be an indication the company is expecting the down cycle in the semiconductor industry to be less negative than historically.Micron has a fortress balance sheet with $11.977 billion in cash, marketable security investments, and restricted cash. That's in addition to $5 billion in debt.Tepid OutlookMicron's management believes \"winter is coming\" for the semiconductor industry and had moderated their demand forecast. Here is a direct quote, from their earnings report;\"Near the end of fiscal Q3, we saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets, including PC and smartphone\"Due to this, the company believes its year-over-year bit demand growth for the calendar year 2022 to be below the long-term CAGR of mid to high teens for DRAM and the high 20% range for NAND. However, the good news is the company believes this is just a temporary dip and the long term outlook of demand for both DRAM and NAND \"remains unchanged\".Management has shown a bias for action and aims to reduce its supply growth trajectory. The company plans to use extra stored inventory to supply part of the market demand in FY 2023. A positive of this is less Capex for wafer fab equipment is expected to be required in FY23.MU Stock - Advanced ValuationI have plugged the latest financials into my valuation model, which uses the DCF method for valuation. I have estimated conservatively that Micron's revenue will actually decline next year by 15% due to lower semiconductor demand. But in years 2 to 5, I expect a conservative ~6% CAGR to be achieved.Micron Stock Valuation 1(created by author Ben at Motivation 2 Invest)I have also forecasted Micron's operating margin to decline to the semiconductor industry average of 24% over the next 3 years, driven by my conservative estimates. Note the above operating margin includes an adjustment I have made, by capitalizing the company's R&D expenses to increase accuracy.Micron stock valuation 2 (created by author Ben at Motivation 2 Invest)Given these factors I get a fair value of $81.29 per share, the stock is currently trading at ~$57 per share and thus is at least 30% undervalued.Micron is also trading at a PE Ratio (forward) = 7.39 which is over 40% cheaper than its 5-year average PE ratio = 12.41.Micron PE Ratio (created by author Ben at Motivation 2 Invest)The PE Ratio looking backward is 6.19, which is much lower than the US Semiconductor industry average of 15. From the competitor analysis below, Micron is trading at a cheaper PE ratio than many other semiconductor companies such as TSM which trades at a Price to Earnings Ratio = 13.53. Micron's closest comparable is SK Hynix (OTC:HXSCL) which trades at a similar PE Ratio equal to approximately 6. SK Hynix has recently acquired Intel's SSD business and Dalian NAND Flash Manufacturing Facility assets in China for roughly $7 billion. This gives usanotherdata point that the NAND and SSD businesses are consolidating due to complexity.MU PE Ratio (Forward) data by YChartsRisksCyclical Semiconductor MarketAs mentioned prior, the semiconductor market is cyclical and thus expects things to get worse before they get better. An investment in Micron is an investment in the long-term trends, so expect volatility and possible further declines in share prices over the next year.Insider SellingInsiders own ~0.27% of Micron stock, which is good but personally I would like to see this larger and some insiders buying the stock. For example, there has been a lot of insider selling with the mostrecenton the 15th of August 2022, coming fromMichael Bokana global sales VP who sold over $1 million worth of shares at an average price of $63/share.Final ThoughtsMicron is one of the three big players in DRAM technology and is poised to benefit from the secular growth in the industry driven by 5G, the cloud, and autonomous vehicles. The semiconductor industry is forecasted to have lower demand in 2022 and possibly into 2023, thus lots of volatility is expected. However, as a lot of the bad news is already priced in and the stock is undervalued opening a position would not be crazy. The stock could drop lower in the short term, but long term its technology leadership gives this company a strong competitive advantage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9930685232,"gmtCreate":1661951514928,"gmtModify":1676536610243,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"You know that most of Micron Dram business is also in Taiwan","listText":"You know that most of Micron Dram business is also in Taiwan","text":"You know that most of Micron Dram business is also in Taiwan","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9930685232","repostId":"1138530092","repostType":2,"repost":{"id":"1138530092","pubTimestamp":1661945261,"share":"https://ttm.financial/m/news/1138530092?lang=&edition=fundamental","pubTime":"2022-08-31 19:27","market":"us","language":"en","title":"Micron: Fortunes Will Be Made","url":"https://stock-news.laohu8.com/highlight/detail?id=1138530092","media":"Seeking Alpha","summary":"The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology.","content":"<html><head></head><body><p>Summary</p><ul><li>Micron is one of the top three suppliers of DRAM Semiconductor chips.</li><li>The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology.</li><li>Micron recently beat earnings estimates for the quarter ending June 2022, but tepid guidance driven by the cyclical semiconductor market has caused a sell off in the stock.</li><li>The company has strong competitive advantages which include over 50,000 patents, technology leadership, manufacturing scale and more.</li><li>MU stock is undervalued intrinsically and relative to the industry.</li></ul><p>From the semiconductor shortages in 2021 to slowing demand in 2022, the semiconductor industry is cyclical. This isn&#39;t always a bad thing in the stock market, as I like to say when there is &#34;volatility&#34; there can also be &#34;opportunity&#34;. The key to cyclical industriesis to identify the underlying trends. In this case, Global Semiconductor revenue isforecastedto grow 7.4% in 2022 and then have a mild contraction of -2.5% in 2023. These rates are both significantly slower than the sharp 26.3% increase during 2021 (as the economy reopens). However, if we look at the overall long-term growth trend, a McKinsey studyindicatesthat the Semiconductor industry will average a 6% to 8% growth rate up until 2030, meaning the industry might be worth a staggering $1 trillion by the end of the decade.</p><p><img src=\"https://static.tigerbbs.com/84a6609a4ea82d7cb5479442d6961a9b\" tg-width=\"640\" tg-height=\"446\" referrerpolicy=\"no-referrer\"/></p><p>Global Semiconductor Industry(McKinsey)</p><p>This growth is no surprise due to the proliferation of semiconductor devices around us from portable devices (Apple (AAPL) watches) to 5G cell phones, Internet of Things [IoT] devices, autonomous vehicle technology, robotics and of course cloud computing.</p><p>Micron (NASDAQ:MU) is poised to ride these secular growth trends as the 4th largest semiconductor in the world. The company is also the 3rd largest DRAM (Dynamic Random Access Memory)supplierin the world with a 24.5% market share. DRAM is used in computing as a form of short-term memory, you may have seen brands such as Micron or Crucial if you have ever upgraded your laptop RAM (Random Access Memory).</p><p>5G cell phones are an especiallyinterestinggrowth tailwind as they have 50% higher DRAM and double the NAND versus 4G smartphones. This is a major deal as 5G smartphone shipments areforecastedto make up 69% of total smartphone shipments worldwide by 2023. As Micron makes approximately 71% of its Revenue from DRAM and 26% from NAND (flash memory), the company is expected to ride these growth trends long term.</p><p>Micron&#39;s stock price is down 40% from its all-time highs and the stock is now undervalued intrinsically. In this in-depth report I&#39;m going to break down Micron&#39;s business model, its financials and valuation, let&#39;s dive in.</p><p><img src=\"https://static.tigerbbs.com/fd3eb3a786102371a8e8e6c0240e290f\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>MUdata by YCharts</p><p><b>Tech Business Model</b></p><p>Micron is an internationally diversified company with 13 manufacturing sites, 14 labs, and an army of ~45,000 employees globally. its headquarters in Idaho and &#34;Fab&#34; in Virginia are especially important given the trend toward &#34;deglobalization&#34; and self-sufficiency of countries. For example, Biden has recentlysignedthe $52 billion CHIPS act, which aims to boost US chips in an effort to compete with China. This legislation is expected to lower the cost of semiconductors and create more manufacturing jobs in the US. Micron also has a global footprint of facilities across the UK (Europe), Japan, Taiwan, Singapore, Malaysia, and even China. This international diversification offers more geopolitical certainty than many other semiconductor companies such as Taiwan Semiconductor Manufacturing (TSM) which is mostly in Taiwan (go figure) a region that has tensions with China and thus could be a future war zone, as we are seeing now with the Russia-Ukraine war. TSM isplanningto build a new factory in Arizona but this will take some time. Micron&#39;s vast scale also acts as a competitive advantage as the company benefits from economies of scaleadvantagesand has an estimated $100 billion replacement cost for its manufacturing plants.</p><p><img src=\"https://static.tigerbbs.com/12f50993628a813557f90554d6218812\" tg-width=\"640\" tg-height=\"293\" referrerpolicy=\"no-referrer\"/></p><p>Micron Stock(Investor Presentation 2022)</p><p>Micron designs and manufactures its semiconductors and then executes strategic acquisitions to increase product diversity and scale of its manufacturing.</p><p>The company reports across three main segments;</p><ul><li>Data Centers</li><li>PC &amp; Graphics</li><li>Mobile and Intelligent Edge</li></ul><p>Data Center growth is an especially important tailwind given the digital transformation of an enterprise&#39;s on-site IT to the cloud. The data center market isforecastedto grow at a rapid 21.98% compounded annual growth rate between 2021 and 2026. We can already see this growth in major companies such asAmazon(AMZN), with Amazon Web Services (its cloud segment) being the fastest growing part of the business. The same is true forMicrosoft(MSFT) with Azure andGoogleCloud (GOOG) (GOOGL). According to Micron&#39;s own estimates, they expect a rapid 28% CAGR in DRAM and 33% CAGR in NAND for Data Center applications up until 2025. I also expect this Data Center revenue to smooth the cyclical cycle for the company.</p><p><img src=\"https://static.tigerbbs.com/85e9c37689a549722eb29dac6a717e2d\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\"/></p><p>Industry Tailwinds (Investor Day Presentation)</p><p>Other tailwinds include Artificial Intelligence, as more advanced models which support natural language (such as the Alexa software) require more memory. Autonomous driving also requires over 30 times more DRAM and over 100 times more NAND as it moves from Level 0 to Level 5 or full automation. Micron&#39;s own estimates for automotive DRAM growth indicate a blistering 40% CAGR and 49% CAGR in NAND up until 2025.</p><p><img src=\"https://static.tigerbbs.com/bdb099951ef70d3a77c73600c978295f\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\"/></p><p>Trends in Memory growth (Investor presentation 2022)</p><p>Management is highly self-aware and I find that to be necessary to stay ahead in the competitive semiconductor industry. The company states its success depends upon the following;</p><ol><li><p>High Returns on R&amp;D Spend</p></li><li><p>Efficient Manufacturing</p></li><li><p>Development of advanced product/processes</p></li><li><p>Market acceptance of products</p></li><li><p>Return driven capital spending.</p></li></ol><p>As a large technology company, Micron must continually invest in Research and Development in order to stay ahead of the curve. The company is currently investing 10% of its revenues into R&amp;D or ~$2 billion a year. its investments are paying off well so far, with a healthy 14.6% return on capital. As Warren Buffett has often stated in the past, a shareholder&#39;s return over a long period of time often translates to the business&#39;s return on capital. Multiplestudiesalso show that companies that invest a lot into R&amp;D also tend to produce more shareholder value long term, think Google, Facebook (META) etc.</p><p>Micron has a relentless focus on reducing its manufacturing costs, and increasing efficiency and density per wafer. On the technology front, the company has over 50,000-lifetime patents and is a market leader across many areas. For example, the company has the number one market share in DDR5 which is the latest generation of RAM technology, has a higher base speed, and consumes less power than DDR4.</p><p><img src=\"https://static.tigerbbs.com/b402c22d8ded06eb86a035da4350ae75\" tg-width=\"640\" tg-height=\"274\" referrerpolicy=\"no-referrer\"/></p><p>Technology Leader(Investor Presentation)</p><p>The company has alsocreatedthe &#34;world&#39;s fastest discrete graphics memory solution&#34; the GDDR6X. Which is launched as a complement to leading graphics processors such as the NVIDIA GeForce RTX 3090. Micron has also created the &#34;World&#39;s first&#34; 176 layer NVMe Solid State Drive [SSD] for data center workloads. The company even pioneered the “World&#39;s most advanced DRAM process technology” titled the 1-alpha. This enables a 40% improvement in memory density and 15% less power usage.</p><p>Micron is ahead ofcompetitorssuch as SK Hynix and Samsung in certain areas. For example, its DDR5 cell size is 66.26 mm2 cell which is smaller than Samsung’s 73.58 mm2 and SK Hynix’s 75.21 mm2.</p><p><img src=\"https://static.tigerbbs.com/597cc30ed93006f089774b3e04a896ae\" tg-width=\"580\" tg-height=\"305\" referrerpolicy=\"no-referrer\"/></p><p>DDR5 Competitors(Tech Insights/eetasia)</p><p><b>Micron Technology&#39;s Solid Financials</b></p><p>Micron generated solid financial results for FQ3, 2022. Revenue was $8.64 billion which was up 16% year over year and a record for the quarter, despite coming in slightly ($2.98 million) less than analyst estimates.</p><p><img src=\"https://static.tigerbbs.com/f2462b3040641b6fb5dfd8a58ec1ae77\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>MU Revenue Estimates for Next Fiscal Year data by YCharts</p><p>Data Center growth was a strong revenue driver and increased by double digits Q/Q and over 50% year over year. This was driven by strong growth in AI and machine learning workloads. Its Datacenter SSD&#39;s also hit a new record in revenue for the quarter and doubled year over year. From the table below you can see that the majority of segments performed strongly. Compute and Networking revenue was $3.895 billion, up 18% year over year. Storage revenue was $1.341 billion, up a blistering 33% year over year. Embedded revenue was $1.4 billion up a rapid 30% year over year. The only negative was mobile revenue which was $1.967 billion down 2% year over year, but even this was up 5% Q/Q which was a positive.</p><p><img src=\"https://static.tigerbbs.com/ba25b47a2d473fa97d77dd5ae65940a0\" tg-width=\"640\" tg-height=\"203\" referrerpolicy=\"no-referrer\"/></p><p>Business Units(Micron Q3 Report)</p><p>Its Gross Margin was 47.4% in FQ3 which increased from the ~43% generated in the same period last year. The company&#39;s operating expenses were $953 million, which was up ~9% year over year, which wasn&#39;t a major issue given revenue has increased by ~16% over that same period.</p><p>Operating Income was $3.1 billion which was up a rapid 33% year over year. Earnings Per Share [Normalized] was $2.59, which beat analyst estimates by $0.15. EPS [GAAP], and was also in line with analyst estimates with $2.34 reported.</p><p><img src=\"https://static.tigerbbs.com/5bbd2e39c7723ffe495a4445feb80ab5\" tg-width=\"640\" tg-height=\"258\" referrerpolicy=\"no-referrer\"/></p><p>Micron Income(FQ3-22)</p><p>Micron generated strong cash flow from operations for FQ3-22 with $3.8 billion reported (44% of revenue), with Non-GAAP Free Cash Flow of $1.3 billion.</p><p>Management exuded confidence and bought back 108 million shares worth a staggering $5.7 billion. The company also issued $800 million towards settling &#34;convert premiums&#34; which reduced share count by 19 million shares, thus further strengthening the value of each share for shareholders.</p><p>In addition, the company announced a dividend payment of $0.115 per share, which could be an indication the company is expecting the down cycle in the semiconductor industry to be less negative than historically.</p><p>Micron has a fortress balance sheet with $11.977 billion in cash, marketable security investments, and restricted cash. That&#39;s in addition to $5 billion in debt.</p><h3><b>Tepid Outlook</b></h3><p>Micron&#39;s management believes &#34;winter is coming&#34; for the semiconductor industry and had moderated their demand forecast. Here is a direct quote, from their earnings report;</p><blockquote>&#34;Near the end of fiscal Q3, we saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets, including PC and smartphone&#34;</blockquote><p>Due to this, the company believes its year-over-year bit demand growth for the calendar year 2022 to be below the long-term CAGR of mid to high teens for DRAM and the high 20% range for NAND. However, the good news is the company believes this is just a temporary dip and the long term outlook of demand for both DRAM and NAND &#34;remains unchanged&#34;.</p><p>Management has shown a bias for action and aims to reduce its supply growth trajectory. The company plans to use extra stored inventory to supply part of the market demand in FY 2023. A positive of this is less Capex for wafer fab equipment is expected to be required in FY23.</p><h3><b>MU Stock - Advanced Valuation</b></h3><p>I have plugged the latest financials into my valuation model, which uses the DCF method for valuation. I have estimated conservatively that Micron&#39;s revenue will actually decline next year by 15% due to lower semiconductor demand. But in years 2 to 5, I expect a conservative ~6% CAGR to be achieved.</p><p><img src=\"https://static.tigerbbs.com/74ecad96be48b8e8ae0593334e19624f\" tg-width=\"640\" tg-height=\"308\" referrerpolicy=\"no-referrer\"/></p><p>Micron Stock Valuation 1(created by author Ben at Motivation 2 Invest)</p><p>I have also forecasted Micron&#39;s operating margin to decline to the semiconductor industry average of 24% over the next 3 years, driven by my conservative estimates. Note the above operating margin includes an adjustment I have made, by capitalizing the company&#39;s R&amp;D expenses to increase accuracy.</p><p><img src=\"https://static.tigerbbs.com/0797f4ba97ab4cde64c9cad1538082d5\" tg-width=\"640\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/></p><p>Micron stock valuation 2 (created by author Ben at Motivation 2 Invest)</p><p>Given these factors I get a fair value of $81.29 per share, the stock is currently trading at ~$57 per share and thus is at least 30% undervalued.</p><p>Micron is also trading at a PE Ratio (forward) = 7.39 which is over 40% cheaper than its 5-year average PE ratio = 12.41.</p><p><img src=\"https://static.tigerbbs.com/dbaeb172d804668f47d45e452e10b20b\" tg-width=\"640\" tg-height=\"163\" referrerpolicy=\"no-referrer\"/></p><p>Micron PE Ratio (created by author Ben at Motivation 2 Invest)</p><p>The PE Ratio looking backward is 6.19, which is much lower than the US Semiconductor industry average of 15. From the competitor analysis below, Micron is trading at a cheaper PE ratio than many other semiconductor companies such as TSM which trades at a Price to Earnings Ratio = 13.53. Micron&#39;s closest comparable is SK Hynix (OTC:HXSCL) which trades at a similar PE Ratio equal to approximately 6. SK Hynix has recently acquired Intel&#39;s SSD business and Dalian NAND Flash Manufacturing Facility assets in China for roughly $7 billion. This gives usanotherdata point that the NAND and SSD businesses are consolidating due to complexity.</p><p><img src=\"https://static.tigerbbs.com/5da36550c6b96db6c21e3ec570d20183\" tg-width=\"1280\" tg-height=\"929\" referrerpolicy=\"no-referrer\"/>MU PE Ratio (Forward) data by YCharts</p><h2><b>Risks</b></h2><p><b>Cyclical Semiconductor Market</b></p><p>As mentioned prior, the semiconductor market is cyclical and thus expects things to get worse before they get better. An investment in Micron is an investment in the long-term trends, so expect volatility and possible further declines in share prices over the next year.</p><p><b>Insider Selling</b></p><p>Insiders own ~0.27% of Micron stock, which is good but personally I would like to see this larger and some insiders buying the stock. For example, there has been a lot of insider selling with the mostrecenton the 15th of August 2022, coming fromMichael Bokana global sales VP who sold over $1 million worth of shares at an average price of $63/share.</p><p><b>Final Thoughts</b></p><p>Micron is one of the three big players in DRAM technology and is poised to benefit from the secular growth in the industry driven by 5G, the cloud, and autonomous vehicles. The semiconductor industry is forecasted to have lower demand in 2022 and possibly into 2023, thus lots of volatility is expected. However, as a lot of the bad news is already priced in and the stock is undervalued opening a position would not be crazy. The stock could drop lower in the short term, but long term its technology leadership gives this company a strong competitive advantage.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Micron: Fortunes Will Be Made</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicron: Fortunes Will Be Made\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-31 19:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537970-micron-fortunes-will-be-made><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMicron is one of the top three suppliers of DRAM Semiconductor chips.The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology....</p>\n\n<a href=\"https://seekingalpha.com/article/4537970-micron-fortunes-will-be-made\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"https://seekingalpha.com/article/4537970-micron-fortunes-will-be-made","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138530092","content_text":"SummaryMicron is one of the top three suppliers of DRAM Semiconductor chips.The company is poised to benefit from the growth in Data Centers, 5G, AI workloads and even autonomous vehicle technology.Micron recently beat earnings estimates for the quarter ending June 2022, but tepid guidance driven by the cyclical semiconductor market has caused a sell off in the stock.The company has strong competitive advantages which include over 50,000 patents, technology leadership, manufacturing scale and more.MU stock is undervalued intrinsically and relative to the industry.From the semiconductor shortages in 2021 to slowing demand in 2022, the semiconductor industry is cyclical. This isn't always a bad thing in the stock market, as I like to say when there is \"volatility\" there can also be \"opportunity\". The key to cyclical industriesis to identify the underlying trends. In this case, Global Semiconductor revenue isforecastedto grow 7.4% in 2022 and then have a mild contraction of -2.5% in 2023. These rates are both significantly slower than the sharp 26.3% increase during 2021 (as the economy reopens). However, if we look at the overall long-term growth trend, a McKinsey studyindicatesthat the Semiconductor industry will average a 6% to 8% growth rate up until 2030, meaning the industry might be worth a staggering $1 trillion by the end of the decade.Global Semiconductor Industry(McKinsey)This growth is no surprise due to the proliferation of semiconductor devices around us from portable devices (Apple (AAPL) watches) to 5G cell phones, Internet of Things [IoT] devices, autonomous vehicle technology, robotics and of course cloud computing.Micron (NASDAQ:MU) is poised to ride these secular growth trends as the 4th largest semiconductor in the world. The company is also the 3rd largest DRAM (Dynamic Random Access Memory)supplierin the world with a 24.5% market share. DRAM is used in computing as a form of short-term memory, you may have seen brands such as Micron or Crucial if you have ever upgraded your laptop RAM (Random Access Memory).5G cell phones are an especiallyinterestinggrowth tailwind as they have 50% higher DRAM and double the NAND versus 4G smartphones. This is a major deal as 5G smartphone shipments areforecastedto make up 69% of total smartphone shipments worldwide by 2023. As Micron makes approximately 71% of its Revenue from DRAM and 26% from NAND (flash memory), the company is expected to ride these growth trends long term.Micron's stock price is down 40% from its all-time highs and the stock is now undervalued intrinsically. In this in-depth report I'm going to break down Micron's business model, its financials and valuation, let's dive in.MUdata by YChartsTech Business ModelMicron is an internationally diversified company with 13 manufacturing sites, 14 labs, and an army of ~45,000 employees globally. its headquarters in Idaho and \"Fab\" in Virginia are especially important given the trend toward \"deglobalization\" and self-sufficiency of countries. For example, Biden has recentlysignedthe $52 billion CHIPS act, which aims to boost US chips in an effort to compete with China. This legislation is expected to lower the cost of semiconductors and create more manufacturing jobs in the US. Micron also has a global footprint of facilities across the UK (Europe), Japan, Taiwan, Singapore, Malaysia, and even China. This international diversification offers more geopolitical certainty than many other semiconductor companies such as Taiwan Semiconductor Manufacturing (TSM) which is mostly in Taiwan (go figure) a region that has tensions with China and thus could be a future war zone, as we are seeing now with the Russia-Ukraine war. TSM isplanningto build a new factory in Arizona but this will take some time. Micron's vast scale also acts as a competitive advantage as the company benefits from economies of scaleadvantagesand has an estimated $100 billion replacement cost for its manufacturing plants.Micron Stock(Investor Presentation 2022)Micron designs and manufactures its semiconductors and then executes strategic acquisitions to increase product diversity and scale of its manufacturing.The company reports across three main segments;Data CentersPC & GraphicsMobile and Intelligent EdgeData Center growth is an especially important tailwind given the digital transformation of an enterprise's on-site IT to the cloud. The data center market isforecastedto grow at a rapid 21.98% compounded annual growth rate between 2021 and 2026. We can already see this growth in major companies such asAmazon(AMZN), with Amazon Web Services (its cloud segment) being the fastest growing part of the business. The same is true forMicrosoft(MSFT) with Azure andGoogleCloud (GOOG) (GOOGL). According to Micron's own estimates, they expect a rapid 28% CAGR in DRAM and 33% CAGR in NAND for Data Center applications up until 2025. I also expect this Data Center revenue to smooth the cyclical cycle for the company.Industry Tailwinds (Investor Day Presentation)Other tailwinds include Artificial Intelligence, as more advanced models which support natural language (such as the Alexa software) require more memory. Autonomous driving also requires over 30 times more DRAM and over 100 times more NAND as it moves from Level 0 to Level 5 or full automation. Micron's own estimates for automotive DRAM growth indicate a blistering 40% CAGR and 49% CAGR in NAND up until 2025.Trends in Memory growth (Investor presentation 2022)Management is highly self-aware and I find that to be necessary to stay ahead in the competitive semiconductor industry. The company states its success depends upon the following;High Returns on R&D SpendEfficient ManufacturingDevelopment of advanced product/processesMarket acceptance of productsReturn driven capital spending.As a large technology company, Micron must continually invest in Research and Development in order to stay ahead of the curve. The company is currently investing 10% of its revenues into R&D or ~$2 billion a year. its investments are paying off well so far, with a healthy 14.6% return on capital. As Warren Buffett has often stated in the past, a shareholder's return over a long period of time often translates to the business's return on capital. Multiplestudiesalso show that companies that invest a lot into R&D also tend to produce more shareholder value long term, think Google, Facebook (META) etc.Micron has a relentless focus on reducing its manufacturing costs, and increasing efficiency and density per wafer. On the technology front, the company has over 50,000-lifetime patents and is a market leader across many areas. For example, the company has the number one market share in DDR5 which is the latest generation of RAM technology, has a higher base speed, and consumes less power than DDR4.Technology Leader(Investor Presentation)The company has alsocreatedthe \"world's fastest discrete graphics memory solution\" the GDDR6X. Which is launched as a complement to leading graphics processors such as the NVIDIA GeForce RTX 3090. Micron has also created the \"World's first\" 176 layer NVMe Solid State Drive [SSD] for data center workloads. The company even pioneered the “World's most advanced DRAM process technology” titled the 1-alpha. This enables a 40% improvement in memory density and 15% less power usage.Micron is ahead ofcompetitorssuch as SK Hynix and Samsung in certain areas. For example, its DDR5 cell size is 66.26 mm2 cell which is smaller than Samsung’s 73.58 mm2 and SK Hynix’s 75.21 mm2.DDR5 Competitors(Tech Insights/eetasia)Micron Technology's Solid FinancialsMicron generated solid financial results for FQ3, 2022. Revenue was $8.64 billion which was up 16% year over year and a record for the quarter, despite coming in slightly ($2.98 million) less than analyst estimates.MU Revenue Estimates for Next Fiscal Year data by YChartsData Center growth was a strong revenue driver and increased by double digits Q/Q and over 50% year over year. This was driven by strong growth in AI and machine learning workloads. Its Datacenter SSD's also hit a new record in revenue for the quarter and doubled year over year. From the table below you can see that the majority of segments performed strongly. Compute and Networking revenue was $3.895 billion, up 18% year over year. Storage revenue was $1.341 billion, up a blistering 33% year over year. Embedded revenue was $1.4 billion up a rapid 30% year over year. The only negative was mobile revenue which was $1.967 billion down 2% year over year, but even this was up 5% Q/Q which was a positive.Business Units(Micron Q3 Report)Its Gross Margin was 47.4% in FQ3 which increased from the ~43% generated in the same period last year. The company's operating expenses were $953 million, which was up ~9% year over year, which wasn't a major issue given revenue has increased by ~16% over that same period.Operating Income was $3.1 billion which was up a rapid 33% year over year. Earnings Per Share [Normalized] was $2.59, which beat analyst estimates by $0.15. EPS [GAAP], and was also in line with analyst estimates with $2.34 reported.Micron Income(FQ3-22)Micron generated strong cash flow from operations for FQ3-22 with $3.8 billion reported (44% of revenue), with Non-GAAP Free Cash Flow of $1.3 billion.Management exuded confidence and bought back 108 million shares worth a staggering $5.7 billion. The company also issued $800 million towards settling \"convert premiums\" which reduced share count by 19 million shares, thus further strengthening the value of each share for shareholders.In addition, the company announced a dividend payment of $0.115 per share, which could be an indication the company is expecting the down cycle in the semiconductor industry to be less negative than historically.Micron has a fortress balance sheet with $11.977 billion in cash, marketable security investments, and restricted cash. That's in addition to $5 billion in debt.Tepid OutlookMicron's management believes \"winter is coming\" for the semiconductor industry and had moderated their demand forecast. Here is a direct quote, from their earnings report;\"Near the end of fiscal Q3, we saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets, including PC and smartphone\"Due to this, the company believes its year-over-year bit demand growth for the calendar year 2022 to be below the long-term CAGR of mid to high teens for DRAM and the high 20% range for NAND. However, the good news is the company believes this is just a temporary dip and the long term outlook of demand for both DRAM and NAND \"remains unchanged\".Management has shown a bias for action and aims to reduce its supply growth trajectory. The company plans to use extra stored inventory to supply part of the market demand in FY 2023. A positive of this is less Capex for wafer fab equipment is expected to be required in FY23.MU Stock - Advanced ValuationI have plugged the latest financials into my valuation model, which uses the DCF method for valuation. I have estimated conservatively that Micron's revenue will actually decline next year by 15% due to lower semiconductor demand. But in years 2 to 5, I expect a conservative ~6% CAGR to be achieved.Micron Stock Valuation 1(created by author Ben at Motivation 2 Invest)I have also forecasted Micron's operating margin to decline to the semiconductor industry average of 24% over the next 3 years, driven by my conservative estimates. Note the above operating margin includes an adjustment I have made, by capitalizing the company's R&D expenses to increase accuracy.Micron stock valuation 2 (created by author Ben at Motivation 2 Invest)Given these factors I get a fair value of $81.29 per share, the stock is currently trading at ~$57 per share and thus is at least 30% undervalued.Micron is also trading at a PE Ratio (forward) = 7.39 which is over 40% cheaper than its 5-year average PE ratio = 12.41.Micron PE Ratio (created by author Ben at Motivation 2 Invest)The PE Ratio looking backward is 6.19, which is much lower than the US Semiconductor industry average of 15. From the competitor analysis below, Micron is trading at a cheaper PE ratio than many other semiconductor companies such as TSM which trades at a Price to Earnings Ratio = 13.53. Micron's closest comparable is SK Hynix (OTC:HXSCL) which trades at a similar PE Ratio equal to approximately 6. SK Hynix has recently acquired Intel's SSD business and Dalian NAND Flash Manufacturing Facility assets in China for roughly $7 billion. This gives usanotherdata point that the NAND and SSD businesses are consolidating due to complexity.MU PE Ratio (Forward) data by YChartsRisksCyclical Semiconductor MarketAs mentioned prior, the semiconductor market is cyclical and thus expects things to get worse before they get better. An investment in Micron is an investment in the long-term trends, so expect volatility and possible further declines in share prices over the next year.Insider SellingInsiders own ~0.27% of Micron stock, which is good but personally I would like to see this larger and some insiders buying the stock. For example, there has been a lot of insider selling with the mostrecenton the 15th of August 2022, coming fromMichael Bokana global sales VP who sold over $1 million worth of shares at an average price of $63/share.Final ThoughtsMicron is one of the three big players in DRAM technology and is poised to benefit from the secular growth in the industry driven by 5G, the cloud, and autonomous vehicles. The semiconductor industry is forecasted to have lower demand in 2022 and possibly into 2023, thus lots of volatility is expected. However, as a lot of the bad news is already priced in and the stock is undervalued opening a position would not be crazy. The stock could drop lower in the short term, but long term its technology leadership gives this company a strong competitive advantage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054646809,"gmtCreate":1655387454901,"gmtModify":1676535627905,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost","listText":"Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost","text":"Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054646809","repostId":"1118727036","repostType":2,"repost":{"id":"1118727036","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655386410,"share":"https://ttm.financial/m/news/1118727036?lang=&edition=fundamental","pubTime":"2022-06-16 21:33","market":"us","language":"en","title":"Dow Tumbles 500 Points, Reversing Wednesday’S Gains on Rising Recession Fears","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727036","media":"Tiger Newspress","summary":"U.S. stocks were under pressure Thursday, putting the major averages to give up the solid gains made","content":"<html><head></head><body><p>U.S. stocks were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.</p><p>Futures contracts tied to the Dow Jones Industrial Average dropped 1.5%, or 460 points. S&amp;P 500 futures were down 1.7%, while Nasdaq 100 futures shed 2%. All three futures contracts had earlier been trading in positive territory.</p><p>The 10-year Treasury yield resumed its massive June run on Thursday, reversing higher overnight. The 10-year yield was last around 3.44% after ending May at 2.84%.</p><p>Those moves come after the Federal Reserve implemented its largest interest rate hike since 1994 on Wednesday. The Fed raised rates by75 basis points, as was widely anticipated.</p><p>“Clearly, today’s 75 basis point increase is an unusually large one, and I do not expect moves of this size to be common,” Federal Reserve ChairmanJerome Powell said at a news conference following the decision.</p><p>Stocks took a leg higher Wednesday after Powell said that a 50 or 75 basis point increase “seems most likely”at the next meeting in July, indicating the central bank’s commitment to fighting inflation. Powell did caution, however, that decisions will be made “meeting by meeting.”</p><p>The major averages ended the session higher, with the Dow and S&amp;P 500 both snapping five-day losing streaks. The 30-stock benchmark added about 304 points, or 1%, while the S&amp;P 500 advanced 1.46%. The tech-heavy Nasdaq Composite was the relative outperformer, rising 2.5%.</p><p>However, market sentiment appeared to sour once again Thursday as other central banks around the globe adopted more aggressive policy stances and investors questioned whether the Fed can pull off a soft landing.</p><p>The Swiss National Bank overnight raised rates for the first time in 15 years. The Bank of England was set on Thursday to raise rates for the fifth straight time.</p><p>“It’s about time we exit this artificial world of predictable massive liquidity injections where everybody gets used to zero interest rates, where we do silly things whether it’s investing in parts of the market we shouldn’t be investing in or investing in the economy in ways that don’t make sense,” Allianz chief investment advisor Mohamed El-Erian told CNBC’s “Squawk Box” on Thursday. “We are exiting that regime and it’s going to be bumpy.”</p><p>Tech shares moved lower in premarket trading following Wednesday’s bounce, with Tesla, PayPal, Nvidia, Amazon and Netflix all down more than 3%.</p><p>“There is an astonishing level of tech selling right now,” wrote CNBC’s Jim Cramer in a tweet Thursday. “It is breathtaking to watch as sellers are sending the best techs down gigantically at 5 a.m.”</p><p>Travel stocks including United, Delta and Carnival also took a leg lower.</p><p>Data out Thursday further indicated a dramatic slowdown in economic activity. Housing starts dropped 14% in May, topping the 2.6% decline expected by economists polled by Dow Jones. The Philadelphia Fed Business Index for June came in with a negative 3.3 reading, its first contraction since May 2020</p><p>The major averages entered Thursday’s session down for the week and well below record levels.</p><p>The S&amp;P 500 and Nasdaq Composite are both in bear market territory, down roughly 21% and 32% from their all-time highs in January and November, respectively. The Dow, meantime, is 17% below its Jan. 5 all-time intraday high.</p><p>Rampant inflation, which is at the highest level in 40 years, has weighed on the major averages, as have fears around slowing economic growth and the possibility of a recession.</p><p>Morgan Stanley chief U.S. equity strategist Michael Wilson warned that the inflation problem won’t be solved overnight.</p><p>“It also raises the risk of a recession because you’re bringing forward rate hikes even faster, and I don’t think it’s going to help the bond market,” he said on CNBC’s“Closing Bell.”</p><p>Economic data out Thursday includes weekly jobless claims numbers, with economists surveyed by Dow Jones forecasting a 220,000 print. Housing starts will also be released, whileAdobeandKrogerwill report quarterly updates.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Tumbles 500 Points, Reversing Wednesday’S Gains on Rising Recession Fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Tumbles 500 Points, Reversing Wednesday’S Gains on Rising Recession Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-16 21:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.</p><p>Futures contracts tied to the Dow Jones Industrial Average dropped 1.5%, or 460 points. S&amp;P 500 futures were down 1.7%, while Nasdaq 100 futures shed 2%. All three futures contracts had earlier been trading in positive territory.</p><p>The 10-year Treasury yield resumed its massive June run on Thursday, reversing higher overnight. The 10-year yield was last around 3.44% after ending May at 2.84%.</p><p>Those moves come after the Federal Reserve implemented its largest interest rate hike since 1994 on Wednesday. The Fed raised rates by75 basis points, as was widely anticipated.</p><p>“Clearly, today’s 75 basis point increase is an unusually large one, and I do not expect moves of this size to be common,” Federal Reserve ChairmanJerome Powell said at a news conference following the decision.</p><p>Stocks took a leg higher Wednesday after Powell said that a 50 or 75 basis point increase “seems most likely”at the next meeting in July, indicating the central bank’s commitment to fighting inflation. Powell did caution, however, that decisions will be made “meeting by meeting.”</p><p>The major averages ended the session higher, with the Dow and S&amp;P 500 both snapping five-day losing streaks. The 30-stock benchmark added about 304 points, or 1%, while the S&amp;P 500 advanced 1.46%. The tech-heavy Nasdaq Composite was the relative outperformer, rising 2.5%.</p><p>However, market sentiment appeared to sour once again Thursday as other central banks around the globe adopted more aggressive policy stances and investors questioned whether the Fed can pull off a soft landing.</p><p>The Swiss National Bank overnight raised rates for the first time in 15 years. The Bank of England was set on Thursday to raise rates for the fifth straight time.</p><p>“It’s about time we exit this artificial world of predictable massive liquidity injections where everybody gets used to zero interest rates, where we do silly things whether it’s investing in parts of the market we shouldn’t be investing in or investing in the economy in ways that don’t make sense,” Allianz chief investment advisor Mohamed El-Erian told CNBC’s “Squawk Box” on Thursday. “We are exiting that regime and it’s going to be bumpy.”</p><p>Tech shares moved lower in premarket trading following Wednesday’s bounce, with Tesla, PayPal, Nvidia, Amazon and Netflix all down more than 3%.</p><p>“There is an astonishing level of tech selling right now,” wrote CNBC’s Jim Cramer in a tweet Thursday. “It is breathtaking to watch as sellers are sending the best techs down gigantically at 5 a.m.”</p><p>Travel stocks including United, Delta and Carnival also took a leg lower.</p><p>Data out Thursday further indicated a dramatic slowdown in economic activity. Housing starts dropped 14% in May, topping the 2.6% decline expected by economists polled by Dow Jones. The Philadelphia Fed Business Index for June came in with a negative 3.3 reading, its first contraction since May 2020</p><p>The major averages entered Thursday’s session down for the week and well below record levels.</p><p>The S&amp;P 500 and Nasdaq Composite are both in bear market territory, down roughly 21% and 32% from their all-time highs in January and November, respectively. The Dow, meantime, is 17% below its Jan. 5 all-time intraday high.</p><p>Rampant inflation, which is at the highest level in 40 years, has weighed on the major averages, as have fears around slowing economic growth and the possibility of a recession.</p><p>Morgan Stanley chief U.S. equity strategist Michael Wilson warned that the inflation problem won’t be solved overnight.</p><p>“It also raises the risk of a recession because you’re bringing forward rate hikes even faster, and I don’t think it’s going to help the bond market,” he said on CNBC’s“Closing Bell.”</p><p>Economic data out Thursday includes weekly jobless claims numbers, with economists surveyed by Dow Jones forecasting a 220,000 print. Housing starts will also be released, whileAdobeandKrogerwill report quarterly updates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727036","content_text":"U.S. stocks were under pressure Thursday, putting the major averages to give up the solid gains made in the previous session.Futures contracts tied to the Dow Jones Industrial Average dropped 1.5%, or 460 points. S&P 500 futures were down 1.7%, while Nasdaq 100 futures shed 2%. All three futures contracts had earlier been trading in positive territory.The 10-year Treasury yield resumed its massive June run on Thursday, reversing higher overnight. The 10-year yield was last around 3.44% after ending May at 2.84%.Those moves come after the Federal Reserve implemented its largest interest rate hike since 1994 on Wednesday. The Fed raised rates by75 basis points, as was widely anticipated.“Clearly, today’s 75 basis point increase is an unusually large one, and I do not expect moves of this size to be common,” Federal Reserve ChairmanJerome Powell said at a news conference following the decision.Stocks took a leg higher Wednesday after Powell said that a 50 or 75 basis point increase “seems most likely”at the next meeting in July, indicating the central bank’s commitment to fighting inflation. Powell did caution, however, that decisions will be made “meeting by meeting.”The major averages ended the session higher, with the Dow and S&P 500 both snapping five-day losing streaks. The 30-stock benchmark added about 304 points, or 1%, while the S&P 500 advanced 1.46%. The tech-heavy Nasdaq Composite was the relative outperformer, rising 2.5%.However, market sentiment appeared to sour once again Thursday as other central banks around the globe adopted more aggressive policy stances and investors questioned whether the Fed can pull off a soft landing.The Swiss National Bank overnight raised rates for the first time in 15 years. The Bank of England was set on Thursday to raise rates for the fifth straight time.“It’s about time we exit this artificial world of predictable massive liquidity injections where everybody gets used to zero interest rates, where we do silly things whether it’s investing in parts of the market we shouldn’t be investing in or investing in the economy in ways that don’t make sense,” Allianz chief investment advisor Mohamed El-Erian told CNBC’s “Squawk Box” on Thursday. “We are exiting that regime and it’s going to be bumpy.”Tech shares moved lower in premarket trading following Wednesday’s bounce, with Tesla, PayPal, Nvidia, Amazon and Netflix all down more than 3%.“There is an astonishing level of tech selling right now,” wrote CNBC’s Jim Cramer in a tweet Thursday. “It is breathtaking to watch as sellers are sending the best techs down gigantically at 5 a.m.”Travel stocks including United, Delta and Carnival also took a leg lower.Data out Thursday further indicated a dramatic slowdown in economic activity. Housing starts dropped 14% in May, topping the 2.6% decline expected by economists polled by Dow Jones. The Philadelphia Fed Business Index for June came in with a negative 3.3 reading, its first contraction since May 2020The major averages entered Thursday’s session down for the week and well below record levels.The S&P 500 and Nasdaq Composite are both in bear market territory, down roughly 21% and 32% from their all-time highs in January and November, respectively. The Dow, meantime, is 17% below its Jan. 5 all-time intraday high.Rampant inflation, which is at the highest level in 40 years, has weighed on the major averages, as have fears around slowing economic growth and the possibility of a recession.Morgan Stanley chief U.S. equity strategist Michael Wilson warned that the inflation problem won’t be solved overnight.“It also raises the risk of a recession because you’re bringing forward rate hikes even faster, and I don’t think it’s going to help the bond market,” he said on CNBC’s“Closing Bell.”Economic data out Thursday includes weekly jobless claims numbers, with economists surveyed by Dow Jones forecasting a 220,000 print. Housing starts will also be released, whileAdobeandKrogerwill report quarterly updates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053619141,"gmtCreate":1654527119983,"gmtModify":1676535463073,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Wait for me","listText":"Wait for me","text":"Wait for me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053619141","repostId":"1149344387","repostType":2,"repost":{"id":"1149344387","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1654526668,"share":"https://ttm.financial/m/news/1149344387?lang=&edition=fundamental","pubTime":"2022-06-06 22:44","market":"us","language":"en","title":"Mega-cap Growth Stocks Gained in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1149344387","media":"Tiger Newspress","summary":"Apple, Tesla, Microsoft, Amazon, Nvidia, Alphabet and Meta Platforms jumped between 1% and 5%.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> jumped between 1% and 5%.<img src=\"https://static.tigerbbs.com/2f9f7e0771072a604c97987e02686ed8\" tg-width=\"391\" tg-height=\"454\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mega-cap Growth Stocks Gained in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMega-cap Growth Stocks Gained in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-06 22:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, <a href=\"https://laohu8.com/S/NVDA\">Nvidia</a>, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> jumped between 1% and 5%.<img src=\"https://static.tigerbbs.com/2f9f7e0771072a604c97987e02686ed8\" tg-width=\"391\" tg-height=\"454\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","BK4577":"网络游戏","AMZN":"亚马逊","BK4579":"人工智能","BK4550":"红杉资本持仓","META":"Meta Platforms, Inc.","BK4141":"半导体产品","BK4503":"景林资产持仓","TSLA":"特斯拉","GOOGL":"谷歌A","BK4122":"互联网与直销零售","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4573":"虚拟现实","BK4097":"系统软件","BK4505":"高瓴资本持仓","BK4561":"索罗斯持仓","NVDA":"英伟达","MSFT":"微软","GOOG":"谷歌"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149344387","content_text":"Apple, Tesla, Microsoft, Amazon, Nvidia, Alphabet and Meta Platforms jumped between 1% and 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027130354,"gmtCreate":1653985929778,"gmtModify":1676535374153,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Jia lat","listText":"Jia lat","text":"Jia lat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027130354","repostId":"2239235331","repostType":2,"repost":{"id":"2239235331","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1653985572,"share":"https://ttm.financial/m/news/2239235331?lang=&edition=fundamental","pubTime":"2022-05-31 16:26","market":"fut","language":"en","title":"Oil Prices Surge After EU Agrees to Ban Most Russian Oil Imports","url":"https://stock-news.laohu8.com/highlight/detail?id=2239235331","media":"Dow Jones","summary":"The global oil price rose above $120 a barrel after European Union leaders agreed to a partial ban o","content":"<html><head></head><body><p>The global oil price rose above $120 a barrel after European Union leaders agreed to a partial ban on Russian oil imports and China started lifting Covid-19 restrictions.</p><p>West Texas Intermediate, the U.S. benchmark, climbed 3.59% to $119.20 a barrel. Brent crude, the international benchmark, rose 3.75% to $119.89 a barrel, the highest levels since March.</p><p><img src=\"https://static.tigerbbs.com/3efa9a8b124e7a78fe3dba715ebc158b\" tg-width=\"287\" tg-height=\"90\" referrerpolicy=\"no-referrer\"/></p><p>Soaring energy prices this year are stoking the fastest inflation in decades, undermining consumer spending and economic growth while also prompting central banks to tighten policy. The European Central Bank gives its next interest-rate decision next week.</p><p>EU leaders agreed on Monday to cut most oil imports from Russia by the end of 2022 as part of new sanctions on Moscow in the wake of its invasion of Ukraine. The ban will cover Russian oil brought by sea, allowing a temporary exemption for oil delivered from Russia by pipeline.</p><p>EU Council President Charles Michel said in a tweet on Monday that the agreement covers more than two-thirds of oil imports from Russia, &#34;cutting a huge source of financing for its war machine.&#34;</p><p>Commission president Ursula Von der Leyen said in a tweet that the embargo will &#34;effectively cut around 90% of oil imports from Russia to the EU by the end of the year.&#34;</p><p>Demand from China is expected to pick up after Shanghai announced the easing of Covid-19 restrictions, reopening the country&#39;s largest city after a two-month lockdown.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Prices Surge After EU Agrees to Ban Most Russian Oil Imports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Prices Surge After EU Agrees to Ban Most Russian Oil Imports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-05-31 16:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The global oil price rose above $120 a barrel after European Union leaders agreed to a partial ban on Russian oil imports and China started lifting Covid-19 restrictions.</p><p>West Texas Intermediate, the U.S. benchmark, climbed 3.59% to $119.20 a barrel. Brent crude, the international benchmark, rose 3.75% to $119.89 a barrel, the highest levels since March.</p><p><img src=\"https://static.tigerbbs.com/3efa9a8b124e7a78fe3dba715ebc158b\" tg-width=\"287\" tg-height=\"90\" referrerpolicy=\"no-referrer\"/></p><p>Soaring energy prices this year are stoking the fastest inflation in decades, undermining consumer spending and economic growth while also prompting central banks to tighten policy. The European Central Bank gives its next interest-rate decision next week.</p><p>EU leaders agreed on Monday to cut most oil imports from Russia by the end of 2022 as part of new sanctions on Moscow in the wake of its invasion of Ukraine. The ban will cover Russian oil brought by sea, allowing a temporary exemption for oil delivered from Russia by pipeline.</p><p>EU Council President Charles Michel said in a tweet on Monday that the agreement covers more than two-thirds of oil imports from Russia, &#34;cutting a huge source of financing for its war machine.&#34;</p><p>Commission president Ursula Von der Leyen said in a tweet that the embargo will &#34;effectively cut around 90% of oil imports from Russia to the EU by the end of the year.&#34;</p><p>Demand from China is expected to pick up after Shanghai announced the easing of Covid-19 restrictions, reopening the country&#39;s largest city after a two-month lockdown.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2239235331","content_text":"The global oil price rose above $120 a barrel after European Union leaders agreed to a partial ban on Russian oil imports and China started lifting Covid-19 restrictions.West Texas Intermediate, the U.S. benchmark, climbed 3.59% to $119.20 a barrel. Brent crude, the international benchmark, rose 3.75% to $119.89 a barrel, the highest levels since March.Soaring energy prices this year are stoking the fastest inflation in decades, undermining consumer spending and economic growth while also prompting central banks to tighten policy. The European Central Bank gives its next interest-rate decision next week.EU leaders agreed on Monday to cut most oil imports from Russia by the end of 2022 as part of new sanctions on Moscow in the wake of its invasion of Ukraine. The ban will cover Russian oil brought by sea, allowing a temporary exemption for oil delivered from Russia by pipeline.EU Council President Charles Michel said in a tweet on Monday that the agreement covers more than two-thirds of oil imports from Russia, \"cutting a huge source of financing for its war machine.\"Commission president Ursula Von der Leyen said in a tweet that the embargo will \"effectively cut around 90% of oil imports from Russia to the EU by the end of the year.\"Demand from China is expected to pick up after Shanghai announced the easing of Covid-19 restrictions, reopening the country's largest city after a two-month lockdown.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026456024,"gmtCreate":1653431869568,"gmtModify":1676535278612,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Sian","listText":"Sian","text":"Sian","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026456024","repostId":"2238309639","repostType":2,"repost":{"id":"2238309639","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1653431166,"share":"https://ttm.financial/m/news/2238309639?lang=&edition=fundamental","pubTime":"2022-05-25 06:26","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq Slide As Weak Economic Data, Dire Outlooks Stoke Recession Fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2238309639","media":"Reuters","summary":"Snap Inc tumbles, profit fears hit rival social media companiesAbercrombie & Fitch slumps after lowering revenue outlookIndexes: Dow up 0.15%, S&P down 0.81%, Nasdaq slides 2.35%(Reuters) - The S&P 50","content":"<html><head></head><body><ul><li>Snap Inc tumbles, profit fears hit rival social media companies</li><li>Abercrombie &amp; Fitch slumps after lowering revenue outlook</li><li>Indexes: Dow up 0.15%, S&amp;P down 0.81%, Nasdaq slides 2.35%</li></ul><p>(Reuters) - The S&amp;P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors&#39; risk appetite.</p><p>All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&amp;P 500 ended just 2.2 percentage points above confirming it has been in a bear market since reaching its all-time high on Jan. 3.</p><p>&#34;As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.</p><p>&#34;In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.&#34;</p><p>Much of the sell-off was driven by a profit warning from Snap Inc , which sent the company&#39;s shares plummeting 43.1%, sparking contagion throughout the social media segment.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms Inc</a>, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc</a>, <a href=\"https://laohu8.com/S/TWTR\">Twitter Inc</a> and <a href=\"https://laohu8.com/S/PINS\">Pinterest Inc</a> were down between 5% and 24%, and the broader S&amp;P 500 Communications Services sector (.SPLRCL) slid 3.7%.</p><p>Global supply chain disruptions have been exacerbated by Russia&#39;s war with Ukraine, sending inflation to multi-decade highs.</p><p>The U.S. Federal Reserve has vowed to aggressively tackle persistent price growth by hiking the cost of borrowing, and minutes from its most recent monetary policy meeting, expected on Wednesday, will be parsed by market participants for clues regarding the speed and extent of those actions.</p><p>Investors currently expect a series of 50-basis-point rate hikes over the next several months, fueling fears that the central bank could push the economy into recession, a scenario that is increasingly being baked into analyst projections.</p><p>&#34;Tomorrow we look to the FOMC minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,&#34; U.S. Bank Wealth Management&#39;s Northey said.</p><p>Data released on Tuesday painted a picture of waning economic momentum, with new home sales plunging and business activity decelerating.</p><p>Fed Chair Jerome Powell&#39;s counterpart in Frankfurt, European Central Bank President Christine Lagarde, said she expects the ECB deposit rate to be raised at least 50 basis points by the end of September.</p><p>The Dow Jones Industrial Average (.DJI) rose 48.38 points, or 0.15%, to 31,928.62; the S&amp;P 500 (.SPX) lost 32.27 points, or 0.81%, to 3,941.48; and the Nasdaq Composite (.IXIC) dropped 270.83 points, or 2.35%, to 11,264.45.</p><p>Six of the 11 major sectors of the S&amp;P 500 ended the session in negative territory, with communication services and consumer discretionary (.SPLRCD) suffering the biggest percentage losses.</p><p>Apparel retailer <a href=\"https://laohu8.com/S/ANF\">Abercrombie &amp; Fitch Co</a> tumbled 28.6% after posting a surprise quarterly loss and cutting its annual sales and margins outlook.</p><p>Work-from-home darling <a href=\"https://laohu8.com/S/ZM\">Zoom Video Communications Inc</a> jumped 5.6% following its full-year profit hike due to solid enterprise demand.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted three new 52-week highs and 40 new lows; the Nasdaq Composite recorded 17 new highs and 443 new lows.</p><p>Volume on U.S. exchanges was 11.78 billion shares, compared with the 13.33 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500, Nasdaq Slide As Weak Economic Data, Dire Outlooks Stoke Recession Fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500, Nasdaq Slide As Weak Economic Data, Dire Outlooks Stoke Recession Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-25 06:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Snap Inc tumbles, profit fears hit rival social media companies</li><li>Abercrombie &amp; Fitch slumps after lowering revenue outlook</li><li>Indexes: Dow up 0.15%, S&amp;P down 0.81%, Nasdaq slides 2.35%</li></ul><p>(Reuters) - The S&amp;P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors&#39; risk appetite.</p><p>All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&amp;P 500 ended just 2.2 percentage points above confirming it has been in a bear market since reaching its all-time high on Jan. 3.</p><p>&#34;As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.</p><p>&#34;In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.&#34;</p><p>Much of the sell-off was driven by a profit warning from Snap Inc , which sent the company&#39;s shares plummeting 43.1%, sparking contagion throughout the social media segment.</p><p><a href=\"https://laohu8.com/S/FB\">Meta Platforms Inc</a>, <a href=\"https://laohu8.com/S/GOOGL\">Alphabet Inc</a>, <a href=\"https://laohu8.com/S/TWTR\">Twitter Inc</a> and <a href=\"https://laohu8.com/S/PINS\">Pinterest Inc</a> were down between 5% and 24%, and the broader S&amp;P 500 Communications Services sector (.SPLRCL) slid 3.7%.</p><p>Global supply chain disruptions have been exacerbated by Russia&#39;s war with Ukraine, sending inflation to multi-decade highs.</p><p>The U.S. Federal Reserve has vowed to aggressively tackle persistent price growth by hiking the cost of borrowing, and minutes from its most recent monetary policy meeting, expected on Wednesday, will be parsed by market participants for clues regarding the speed and extent of those actions.</p><p>Investors currently expect a series of 50-basis-point rate hikes over the next several months, fueling fears that the central bank could push the economy into recession, a scenario that is increasingly being baked into analyst projections.</p><p>&#34;Tomorrow we look to the FOMC minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,&#34; U.S. Bank Wealth Management&#39;s Northey said.</p><p>Data released on Tuesday painted a picture of waning economic momentum, with new home sales plunging and business activity decelerating.</p><p>Fed Chair Jerome Powell&#39;s counterpart in Frankfurt, European Central Bank President Christine Lagarde, said she expects the ECB deposit rate to be raised at least 50 basis points by the end of September.</p><p>The Dow Jones Industrial Average (.DJI) rose 48.38 points, or 0.15%, to 31,928.62; the S&amp;P 500 (.SPX) lost 32.27 points, or 0.81%, to 3,941.48; and the Nasdaq Composite (.IXIC) dropped 270.83 points, or 2.35%, to 11,264.45.</p><p>Six of the 11 major sectors of the S&amp;P 500 ended the session in negative territory, with communication services and consumer discretionary (.SPLRCD) suffering the biggest percentage losses.</p><p>Apparel retailer <a href=\"https://laohu8.com/S/ANF\">Abercrombie &amp; Fitch Co</a> tumbled 28.6% after posting a surprise quarterly loss and cutting its annual sales and margins outlook.</p><p>Work-from-home darling <a href=\"https://laohu8.com/S/ZM\">Zoom Video Communications Inc</a> jumped 5.6% following its full-year profit hike due to solid enterprise demand.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted three new 52-week highs and 40 new lows; the Nasdaq Composite recorded 17 new highs and 443 new lows.</p><p>Volume on U.S. exchanges was 11.78 billion shares, compared with the 13.33 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238309639","content_text":"Snap Inc tumbles, profit fears hit rival social media companiesAbercrombie & Fitch slumps after lowering revenue outlookIndexes: Dow up 0.15%, S&P down 0.81%, Nasdaq slides 2.35%(Reuters) - The S&P 500 and the Nasdaq finished in the red on Tuesday as worries that aggressive moves to curb decades-high inflation might tip the U.S. economy into recession dampened investors' risk appetite.All three major U.S. stock indexes pared their losses in afternoon trading, with the blue-chip Dow turning positive. Even so, the S&P 500 ended just 2.2 percentage points above confirming it has been in a bear market since reaching its all-time high on Jan. 3.\"As we step back and acknowledge the primary market catalysts, it’s really been about the Fed pivot and the change in interest rates, which have influenced prices across the capital markets,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Helena, Montana.\"In the last two weeks, we’ve seen some degree of macroeconomic deterioration starting to be manifested in corporate earnings and economic releases.\"Much of the sell-off was driven by a profit warning from Snap Inc , which sent the company's shares plummeting 43.1%, sparking contagion throughout the social media segment.Meta Platforms Inc, Alphabet Inc, Twitter Inc and Pinterest Inc were down between 5% and 24%, and the broader S&P 500 Communications Services sector (.SPLRCL) slid 3.7%.Global supply chain disruptions have been exacerbated by Russia's war with Ukraine, sending inflation to multi-decade highs.The U.S. Federal Reserve has vowed to aggressively tackle persistent price growth by hiking the cost of borrowing, and minutes from its most recent monetary policy meeting, expected on Wednesday, will be parsed by market participants for clues regarding the speed and extent of those actions.Investors currently expect a series of 50-basis-point rate hikes over the next several months, fueling fears that the central bank could push the economy into recession, a scenario that is increasingly being baked into analyst projections.\"Tomorrow we look to the FOMC minutes for any signs that the approach to monetary policy may lean further hawkish or dovish than was laid out at the last meeting,\" U.S. Bank Wealth Management's Northey said.Data released on Tuesday painted a picture of waning economic momentum, with new home sales plunging and business activity decelerating.Fed Chair Jerome Powell's counterpart in Frankfurt, European Central Bank President Christine Lagarde, said she expects the ECB deposit rate to be raised at least 50 basis points by the end of September.The Dow Jones Industrial Average (.DJI) rose 48.38 points, or 0.15%, to 31,928.62; the S&P 500 (.SPX) lost 32.27 points, or 0.81%, to 3,941.48; and the Nasdaq Composite (.IXIC) dropped 270.83 points, or 2.35%, to 11,264.45.Six of the 11 major sectors of the S&P 500 ended the session in negative territory, with communication services and consumer discretionary (.SPLRCD) suffering the biggest percentage losses.Apparel retailer Abercrombie & Fitch Co tumbled 28.6% after posting a surprise quarterly loss and cutting its annual sales and margins outlook.Work-from-home darling Zoom Video Communications Inc jumped 5.6% following its full-year profit hike due to solid enterprise demand.Declining issues outnumbered advancing ones on the NYSE by a 1.28-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.The S&P 500 posted three new 52-week highs and 40 new lows; the Nasdaq Composite recorded 17 new highs and 443 new lows.Volume on U.S. exchanges was 11.78 billion shares, compared with the 13.33 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9012280878,"gmtCreate":1649339522670,"gmtModify":1676534494110,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012280878","repostId":"1107606630","repostType":2,"repost":{"id":"1107606630","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649338312,"share":"https://ttm.financial/m/news/1107606630?lang=&edition=fundamental","pubTime":"2022-04-07 21:31","market":"us","language":"en","title":"Stocks Fall For A Third Day As Investors Digest Fed Tightening Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1107606630","media":"Tiger Newspress","summary":"Stocks fell again on Thursday, following back-to-back losing sessions, as traders weighed the Federa","content":"<html><head></head><body><p>Stocks fell again on Thursday, following back-to-back losing sessions, as traders weighed the Federal Reserve’s plans to tighten monetary policy.</p><p>Futures on the Dow Jones Industrial Average fell 110 points or 0.3%, S&amp;P 500 futures dipped 0.2%, and Nasdaq 100 futures slid 0.3%.</p><p>Shares of HP Inc surged 15% in the premarket after Warren Buffett’s Berkshire Hathaway disclosed a stake in the tech hardware maker.</p><p>The Fed on Wednesday released the minutes from its March meeting, which showed that officials planned to reduce their trillions in bond holdings with a consensus amount around $95 billion. Meanwhile, policymakers indicated that one or more 50 basis-point interest rate hikes could be warranted to battle surging inflation.</p><p>“The minutes from the latest FOMC meeting portray a higher level of urgency than previous communication as the Fed has circled on a commitment to run the balance sheet down faster than market participants may have expected,” said Charlie Ripley, senior investment strategist at Allianz Investment Management.</p><p>Officials “generally agreed” that a maximum of $60 billion in Treasurys and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over three months and likely starting in May.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Fall For A Third Day As Investors Digest Fed Tightening Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Fall For A Third Day As Investors Digest Fed Tightening Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-07 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell again on Thursday, following back-to-back losing sessions, as traders weighed the Federal Reserve’s plans to tighten monetary policy.</p><p>Futures on the Dow Jones Industrial Average fell 110 points or 0.3%, S&amp;P 500 futures dipped 0.2%, and Nasdaq 100 futures slid 0.3%.</p><p>Shares of HP Inc surged 15% in the premarket after Warren Buffett’s Berkshire Hathaway disclosed a stake in the tech hardware maker.</p><p>The Fed on Wednesday released the minutes from its March meeting, which showed that officials planned to reduce their trillions in bond holdings with a consensus amount around $95 billion. Meanwhile, policymakers indicated that one or more 50 basis-point interest rate hikes could be warranted to battle surging inflation.</p><p>“The minutes from the latest FOMC meeting portray a higher level of urgency than previous communication as the Fed has circled on a commitment to run the balance sheet down faster than market participants may have expected,” said Charlie Ripley, senior investment strategist at Allianz Investment Management.</p><p>Officials “generally agreed” that a maximum of $60 billion in Treasurys and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over three months and likely starting in May.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107606630","content_text":"Stocks fell again on Thursday, following back-to-back losing sessions, as traders weighed the Federal Reserve’s plans to tighten monetary policy.Futures on the Dow Jones Industrial Average fell 110 points or 0.3%, S&P 500 futures dipped 0.2%, and Nasdaq 100 futures slid 0.3%.Shares of HP Inc surged 15% in the premarket after Warren Buffett’s Berkshire Hathaway disclosed a stake in the tech hardware maker.The Fed on Wednesday released the minutes from its March meeting, which showed that officials planned to reduce their trillions in bond holdings with a consensus amount around $95 billion. Meanwhile, policymakers indicated that one or more 50 basis-point interest rate hikes could be warranted to battle surging inflation.“The minutes from the latest FOMC meeting portray a higher level of urgency than previous communication as the Fed has circled on a commitment to run the balance sheet down faster than market participants may have expected,” said Charlie Ripley, senior investment strategist at Allianz Investment Management.Officials “generally agreed” that a maximum of $60 billion in Treasurys and $35 billion in mortgage-backed securities would be allowed to roll off, phased in over three months and likely starting in May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010335780,"gmtCreate":1648256652185,"gmtModify":1676534322308,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010335780","repostId":"2222052834","repostType":4,"repost":{"id":"2222052834","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1648249343,"share":"https://ttm.financial/m/news/2222052834?lang=&edition=fundamental","pubTime":"2022-03-26 07:02","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2222052834","media":"Reuters","summary":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits reco","content":"<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-26 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","OEX":"标普100",".SPX":"S&P 500 Index","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222052834","content_text":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits record high* Indexes: Dow up 0.4%, S&P 500 up 0.5%, Nasdaq down 0.2%* For the week, Dow up 0.3%, S&P 500 up 1.8%, Nasdaq up 2%NEW YORK, March 25 (Reuters) - The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.For the week, the Nasdaq and S&P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.The S&P 500 financials sector gave the S&P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move \"expeditiously\" to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.That is causing bank stocks to outperform, while \"adding more pressure to the riskier elements of the market,\" such as growth shares, he said.Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.The U.S. central bank last week raised interest rates for the first time since 2018.\"The market's really macro driven,\" said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. \"Company fundamentals haven't really mattered.\"Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.The S&P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035196138,"gmtCreate":1647529203744,"gmtModify":1676534241105,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Expensive fuel cost","listText":"Expensive fuel cost","text":"Expensive fuel cost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035196138","repostId":"1149906338","repostType":4,"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094064406,"gmtCreate":1645024024019,"gmtModify":1676533987858,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094064406","repostId":"1132808162","repostType":4,"repost":{"id":"1132808162","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1645019184,"share":"https://ttm.financial/m/news/1132808162?lang=&edition=fundamental","pubTime":"2022-02-16 21:46","market":"us","language":"en","title":"Shopify Shares Fell More Than 10% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1132808162","media":"Tiger Newspress","summary":"Shopify shares fell more than 10% in premarket trading.Shopify reported a loss in its latest quarter","content":"<html><head></head><body><p>Shopify shares fell more than 10% in premarket trading.<img src=\"https://static.tigerbbs.com/dad68d068173589ff819e8ba90ff37c4\" tg-width=\"710\" tg-height=\"620\" referrerpolicy=\"no-referrer\"/>Shopify reported a loss in its latest quarter as it recorded an unrealized loss on its equity and other investments, but saw its revenue climb more than 40 per cent compared with a year earlier and beat expectations.</p><p>The Ottawa-based e-commerce company, which keeps its books in U.S. dollars, posted a net loss of US$371.3 million or US$2.95 per diluted share for the quarter ended Dec. 31, weighed down by a US$509.7-million net unrealized loss on equity and other investments.</p><p>The result compared with net income of US$123.9 million or 99 cents per diluted share in the fourth quarter of 2020.</p><p>Revenue for the quarter totalled US$1.38 billion, up from US$977.7 million a year earlier.</p><p>On an adjusted basis, Shopify earned US$1.36 per diluted share in its most recent quarter compared with an adjusted profit of US$1.58 per diluted share in the fourth quarter of 2020.</p><p>Analysts on average had expected an adjusted profit of US$1.24 per share and nearly US$1.33 billion in revenue, according to financial markets data firm Refinitiv.</p><p>Looking ahead, Shopify (SHOP) expects the year-over-year revenue growth rate to be lower in Q1 of 2022 as part of a pandemic reset with consumers. New terms with apps and theme developers are also noted to have caused differences from last year&#39;s first quarter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shopify Shares Fell More Than 10% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShopify Shares Fell More Than 10% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-16 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shopify shares fell more than 10% in premarket trading.<img src=\"https://static.tigerbbs.com/dad68d068173589ff819e8ba90ff37c4\" tg-width=\"710\" tg-height=\"620\" referrerpolicy=\"no-referrer\"/>Shopify reported a loss in its latest quarter as it recorded an unrealized loss on its equity and other investments, but saw its revenue climb more than 40 per cent compared with a year earlier and beat expectations.</p><p>The Ottawa-based e-commerce company, which keeps its books in U.S. dollars, posted a net loss of US$371.3 million or US$2.95 per diluted share for the quarter ended Dec. 31, weighed down by a US$509.7-million net unrealized loss on equity and other investments.</p><p>The result compared with net income of US$123.9 million or 99 cents per diluted share in the fourth quarter of 2020.</p><p>Revenue for the quarter totalled US$1.38 billion, up from US$977.7 million a year earlier.</p><p>On an adjusted basis, Shopify earned US$1.36 per diluted share in its most recent quarter compared with an adjusted profit of US$1.58 per diluted share in the fourth quarter of 2020.</p><p>Analysts on average had expected an adjusted profit of US$1.24 per share and nearly US$1.33 billion in revenue, according to financial markets data firm Refinitiv.</p><p>Looking ahead, Shopify (SHOP) expects the year-over-year revenue growth rate to be lower in Q1 of 2022 as part of a pandemic reset with consumers. New terms with apps and theme developers are also noted to have caused differences from last year&#39;s first quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132808162","content_text":"Shopify shares fell more than 10% in premarket trading.Shopify reported a loss in its latest quarter as it recorded an unrealized loss on its equity and other investments, but saw its revenue climb more than 40 per cent compared with a year earlier and beat expectations.The Ottawa-based e-commerce company, which keeps its books in U.S. dollars, posted a net loss of US$371.3 million or US$2.95 per diluted share for the quarter ended Dec. 31, weighed down by a US$509.7-million net unrealized loss on equity and other investments.The result compared with net income of US$123.9 million or 99 cents per diluted share in the fourth quarter of 2020.Revenue for the quarter totalled US$1.38 billion, up from US$977.7 million a year earlier.On an adjusted basis, Shopify earned US$1.36 per diluted share in its most recent quarter compared with an adjusted profit of US$1.58 per diluted share in the fourth quarter of 2020.Analysts on average had expected an adjusted profit of US$1.24 per share and nearly US$1.33 billion in revenue, according to financial markets data firm Refinitiv.Looking ahead, Shopify (SHOP) expects the year-over-year revenue growth rate to be lower in Q1 of 2022 as part of a pandemic reset with consumers. New terms with apps and theme developers are also noted to have caused differences from last year's first quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094062697,"gmtCreate":1645023867844,"gmtModify":1676533987808,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"CPF compounding safer?","listText":"CPF compounding safer?","text":"CPF compounding safer?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094062697","repostId":"2211871668","repostType":2,"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":184451139522680,"gmtCreate":1686056619896,"gmtModify":1686056623862,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"I guess iphone 15 seems more attractive than a $3,500 headset","listText":"I guess iphone 15 seems more attractive than a $3,500 headset","text":"I guess iphone 15 seems more attractive than a $3,500 headset","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184451139522680","repostId":"1144523554","repostType":2,"repost":{"id":"1144523554","pubTimestamp":1686038782,"share":"https://ttm.financial/m/news/1144523554?lang=&edition=fundamental","pubTime":"2023-06-06 16:06","market":"us","language":"en","title":"Is Apple Stock a Buy After WWDC?","url":"https://stock-news.laohu8.com/highlight/detail?id=1144523554","media":"Fortune","summary":"Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, ","content":"<html><head></head><body><p>Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, its first major new product in nearly a decade. </p><p>The headset was unveiled at the company’s annual Worldwide Developers Conference, which began at 1 p.m. Monday. And after the stock price reached a record intraday high of $184.90 at around 1:15 p.m., it slid back down, giving up the gains and finishing the regular session down roughly 1% at $179.58.</p><p>Analysts estimated that the headset would be priced at $2,500 to $3,000, but the product was priced higher at $3,500. Vision Pro will be for sale in early 2024, and sales predictions range widely from 150,000 to 1 million units. Analysts expect that the device will initially appeal to “early adopters” and software developers, with future, lower-priced versions clicking within average consumers.</p><p style=\"text-align: start;\">The mixed reality headset allows users to interact with digital objects overlaid onto their surrounding environments, transforming the experience of apps like FaceTime, web search, and streaming. The device features 3D-gaming and movie-watching settings, as well as immersive ways to view personal video and photo albums to “relive your most important memories in an entirely new way.”</p><p style=\"text-align: start;\">Apple partnered with Disney and Unity for the launch, allowing users to stream Disney+ and play Unity games on the headset beginning day one.</p><p style=\"text-align: start;\">Analysts predicted that the product could push Apple close to a $3 trillion valuation, depending on first-year sales. The tech giant previously touched the $3 trillion mark in early 2022. The company is currently valued at $2.82 trillion, and some analysts forecasted that Vision Pro could add over $40 billion to its market cap. </p><h2 style=\"text-align: left;\">Apple: Ripe For Disappointment After WWDC</h2><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Apple unveiled new Mac products and its mixed reality headset, Vision Pro, at WWDC, but shares pulled back from all-time highs.</p></li><li><p>The stock may be overextended, and the Vision Pro&#39;s high price and 2024 launch date disappointed investors.</p></li><li><p>Apple shares typically underperform during WWDC week, and the stock may face near-term technical pressure.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dee21c569fa535a2d6ceaa4ce814d7e6\" alt=\"Andrii Yalanskyi\" title=\"Andrii Yalanskyi\" tg-width=\"750\" tg-height=\"497\"/><span>Andrii Yalanskyi</span></p><p>On Monday, technology giant Apple (NASDAQ:AAPL) kicked off its annual Worldwide Developers Conference (&#34;WWDC&#34;). This year&#39;s event was likely the most anticipated gathering in several years, as everyone was waiting to see the company unveil its mixed reality headset. Apple delivered its first major new piece of hardware in years, while showing off some other new products, but shares of the stock did not react well to the news. Today, I&#39;d like to examine why that might have happened.</p><p>For those who are unfamiliar with WWDC, it&#39;s not traditionally a major product event. It&#39;s mostly a chance for management to show off new software and the brains that will enable the next generation of Apple devices. While there can be some new devices shown off from time to time, the company usually holds its flagship product launch event in September. That&#39;s when we see the new set of iPhones, as well as some other items for the upcoming holiday season.</p><p>This year&#39;s event did feature a couple of new items, primarily for the Mac line. Apple unveiled a 15-inch MacBook Air, the larger screen version of the lightweight laptop that was unveiled at WWDC 2022. The company also introduced the Mac Studio and Mac Pro, both with the powerful M2 Ultra chips. The key part is that Apple has fully transitioned to its own silicon here, moving away from Intel (INTC), which saw its shares tumble on the news.</p><p>Apple did unveil its mixed reality headset on Monday, Vision Pro, after years of speculation regarding the device. Management spent a bunch of time early on mentioning business uses. That&#39;s because the device is priced at $3,499, so it&#39;s not likely to be a mass market consumer product. Social media giant Meta Platforms (META) has a much more reasonably-priced device that has more traditional consumer appeal. Apple is partnering with Disney (DIS) for content, with Disney CEO Bob Iger appearing on stage to tout what he called &#34;a revolutionary platform.&#34; Disney+ programming will be available on the device at launch. Apple also announced a partnership with Unity Software (U), sending shares of that company nicely higher.</p><p>Apple shares have been on a nice run so far this year. The stock actually hit a new all-time high during Monday&#39;s trading, just under $185, before pulling back. At that point, as the chart below shows, the stock was more than $16 above its 50-day moving average. This is usually where shares look a bit extended, and the rally can fizzle out.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdf37f450baacf848df030eba794fc8c\" alt=\"Apple Last 12 Months (Yahoo! Finance)\" title=\"Apple Last 12 Months (Yahoo! Finance)\" tg-width=\"640\" tg-height=\"271\"/><span>Apple Last 12 Months (Yahoo! Finance)</span></p><p>At the same time, Apple may be fully valued at current levels according to the street. Going into Monday&#39;s event, the average price target among analysts was $180.48, which is pretty much exactly where Apple shares traded when I started writing this particular paragraph. This is another area where the stock has stalled out, only getting above this average valuation a handful of times in the last three years.</p><p>One of the reasons why the headset was so important for Apple was that expectations were calling for an acceleration in revenue growth later this year. Analysts were projecting Apple&#39;s top line would grow by more than 7.5% in the all-important December quarter (Apple&#39;s fiscal Q1). On one hand, last year&#39;s period was meaningfully supply constrained due to China coronavirus shutdowns. That means that the comparison bar for 2023 is lower than it might normally be. On the other hand, however, the 2022 holiday period was 14 weeks long due to how the calendar fell, so Apple will have one less sales week in this year&#39;s period. Unfortunately, the new headset won&#39;t be launched until early 2024, so that won&#39;t help sales in any calendar 2023 periods. That news sent Apple shares down more than 1% in late afternoon trading.</p><p>It would not surprise me if Apple shares see some pressure in the near term. Beyond the technicals that show the stock may be overextended, WWDC week is generally one of the worst for Apple shares. This is usually because going into the annual event, expectations are tremendously high, so not everyone is satisfied when you have so many rumors coming out beforehand. As the table below shows, the stock usually trades down during the week of the event, with a minus 2.45% average performance over the past 22 years. In the 17 years here where Apple has been down this one particular week, the average decline is nearly 4%. In 2014, the asterisk week, Apple shares were set for a 7 for 1 stock split the following week, which may explain why that week was an outlier.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5831d86ec6954fcaf987d8a0f9f27a4e\" alt=\"WWDC Performance (Yahoo! Finance)\" title=\"WWDC Performance (Yahoo! Finance)\" tg-width=\"446\" tg-height=\"481\"/><span>WWDC Performance (Yahoo! Finance)</span></p><p>In the end, Apple shares pulled back from their all-time highs on Monday during the WWDC keynote. Apple did unveil some nice new Macs, and the really expensive mixed reality headset was finally shown off. The stock tumbled a little when the device&#39;s availability was revealed to come in early 2024, meaning no revenue help in this year&#39;s holiday period. WWDC week usually isn&#39;t a good one for Apple shares to begin with, and the stock was certainly overextended in the near term. This turned out to be another &#34;buy the rumor, sell the news&#34; event. I wouldn&#39;t rush in to buy the stock just yet, especially with another potential Fed hike coming soon, but I&#39;ll take another look at shares should they get closer to the 50-day moving average in the coming weeks.</p><p><strong><em>Note: This article combines Fortune and Seeking Alpha for reference only, please be aware of the risks.</em></strong></p></body></html>","source":"lsy1618285953446","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Apple Stock a Buy After WWDC?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Apple Stock a Buy After WWDC?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-06 16:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://fortune.com/2023/06/05/apple-just-revealed-its-biggest-new-product-category-in-years-and-its-stock-price-dropped/><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, its first major new product in nearly a decade. The headset was unveiled at the company’s annual ...</p>\n\n<a href=\"https://fortune.com/2023/06/05/apple-just-revealed-its-biggest-new-product-category-in-years-and-its-stock-price-dropped/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://fortune.com/2023/06/05/apple-just-revealed-its-biggest-new-product-category-in-years-and-its-stock-price-dropped/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144523554","content_text":"Apple’s stock dropped today after the much-hyped release of its virtual reality headset Vision Pro, its first major new product in nearly a decade. The headset was unveiled at the company’s annual Worldwide Developers Conference, which began at 1 p.m. Monday. And after the stock price reached a record intraday high of $184.90 at around 1:15 p.m., it slid back down, giving up the gains and finishing the regular session down roughly 1% at $179.58.Analysts estimated that the headset would be priced at $2,500 to $3,000, but the product was priced higher at $3,500. Vision Pro will be for sale in early 2024, and sales predictions range widely from 150,000 to 1 million units. Analysts expect that the device will initially appeal to “early adopters” and software developers, with future, lower-priced versions clicking within average consumers.The mixed reality headset allows users to interact with digital objects overlaid onto their surrounding environments, transforming the experience of apps like FaceTime, web search, and streaming. The device features 3D-gaming and movie-watching settings, as well as immersive ways to view personal video and photo albums to “relive your most important memories in an entirely new way.”Apple partnered with Disney and Unity for the launch, allowing users to stream Disney+ and play Unity games on the headset beginning day one.Analysts predicted that the product could push Apple close to a $3 trillion valuation, depending on first-year sales. The tech giant previously touched the $3 trillion mark in early 2022. The company is currently valued at $2.82 trillion, and some analysts forecasted that Vision Pro could add over $40 billion to its market cap. Apple: Ripe For Disappointment After WWDCSummaryApple unveiled new Mac products and its mixed reality headset, Vision Pro, at WWDC, but shares pulled back from all-time highs.The stock may be overextended, and the Vision Pro's high price and 2024 launch date disappointed investors.Apple shares typically underperform during WWDC week, and the stock may face near-term technical pressure.Andrii YalanskyiOn Monday, technology giant Apple (NASDAQ:AAPL) kicked off its annual Worldwide Developers Conference (\"WWDC\"). This year's event was likely the most anticipated gathering in several years, as everyone was waiting to see the company unveil its mixed reality headset. Apple delivered its first major new piece of hardware in years, while showing off some other new products, but shares of the stock did not react well to the news. Today, I'd like to examine why that might have happened.For those who are unfamiliar with WWDC, it's not traditionally a major product event. It's mostly a chance for management to show off new software and the brains that will enable the next generation of Apple devices. While there can be some new devices shown off from time to time, the company usually holds its flagship product launch event in September. That's when we see the new set of iPhones, as well as some other items for the upcoming holiday season.This year's event did feature a couple of new items, primarily for the Mac line. Apple unveiled a 15-inch MacBook Air, the larger screen version of the lightweight laptop that was unveiled at WWDC 2022. The company also introduced the Mac Studio and Mac Pro, both with the powerful M2 Ultra chips. The key part is that Apple has fully transitioned to its own silicon here, moving away from Intel (INTC), which saw its shares tumble on the news.Apple did unveil its mixed reality headset on Monday, Vision Pro, after years of speculation regarding the device. Management spent a bunch of time early on mentioning business uses. That's because the device is priced at $3,499, so it's not likely to be a mass market consumer product. Social media giant Meta Platforms (META) has a much more reasonably-priced device that has more traditional consumer appeal. Apple is partnering with Disney (DIS) for content, with Disney CEO Bob Iger appearing on stage to tout what he called \"a revolutionary platform.\" Disney+ programming will be available on the device at launch. Apple also announced a partnership with Unity Software (U), sending shares of that company nicely higher.Apple shares have been on a nice run so far this year. The stock actually hit a new all-time high during Monday's trading, just under $185, before pulling back. At that point, as the chart below shows, the stock was more than $16 above its 50-day moving average. This is usually where shares look a bit extended, and the rally can fizzle out.Apple Last 12 Months (Yahoo! Finance)At the same time, Apple may be fully valued at current levels according to the street. Going into Monday's event, the average price target among analysts was $180.48, which is pretty much exactly where Apple shares traded when I started writing this particular paragraph. This is another area where the stock has stalled out, only getting above this average valuation a handful of times in the last three years.One of the reasons why the headset was so important for Apple was that expectations were calling for an acceleration in revenue growth later this year. Analysts were projecting Apple's top line would grow by more than 7.5% in the all-important December quarter (Apple's fiscal Q1). On one hand, last year's period was meaningfully supply constrained due to China coronavirus shutdowns. That means that the comparison bar for 2023 is lower than it might normally be. On the other hand, however, the 2022 holiday period was 14 weeks long due to how the calendar fell, so Apple will have one less sales week in this year's period. Unfortunately, the new headset won't be launched until early 2024, so that won't help sales in any calendar 2023 periods. That news sent Apple shares down more than 1% in late afternoon trading.It would not surprise me if Apple shares see some pressure in the near term. Beyond the technicals that show the stock may be overextended, WWDC week is generally one of the worst for Apple shares. This is usually because going into the annual event, expectations are tremendously high, so not everyone is satisfied when you have so many rumors coming out beforehand. As the table below shows, the stock usually trades down during the week of the event, with a minus 2.45% average performance over the past 22 years. In the 17 years here where Apple has been down this one particular week, the average decline is nearly 4%. In 2014, the asterisk week, Apple shares were set for a 7 for 1 stock split the following week, which may explain why that week was an outlier.WWDC Performance (Yahoo! Finance)In the end, Apple shares pulled back from their all-time highs on Monday during the WWDC keynote. Apple did unveil some nice new Macs, and the really expensive mixed reality headset was finally shown off. The stock tumbled a little when the device's availability was revealed to come in early 2024, meaning no revenue help in this year's holiday period. WWDC week usually isn't a good one for Apple shares to begin with, and the stock was certainly overextended in the near term. This turned out to be another \"buy the rumor, sell the news\" event. I wouldn't rush in to buy the stock just yet, especially with another potential Fed hike coming soon, but I'll take another look at shares should they get closer to the 50-day moving average in the coming weeks.Note: This article combines Fortune and Seeking Alpha for reference only, please be aware of the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970538770,"gmtCreate":1684640831791,"gmtModify":1684640835932,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"All in on Nvidia","listText":"All in on Nvidia","text":"All in on Nvidia","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970538770","repostId":"2336783547","repostType":2,"repost":{"id":"2336783547","pubTimestamp":1684630193,"share":"https://ttm.financial/m/news/2336783547?lang=&edition=fundamental","pubTime":"2023-05-21 08:49","market":"us","language":"en","title":"Nvidia's ChatGPT Windfall","url":"https://stock-news.laohu8.com/highlight/detail?id=2336783547","media":"seekingalpha","summary":"Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application,","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19ebaf34d41fe0c4b791ed404fd8f152\" tg-width=\"750\" tg-height=\"494\"/></p><p>Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate what AI can do. Microsoft Corporation (MSFT) has gone all-in on generative AI, which is the general term for ChatGPT-like AIs, and hosts all of OpenAI’s services.</p><p><strong>Nvidia Corporation</strong> (NASDAQ:NVDA) CEO Jensen Huang recently declared that generative AI represents an “iPhone moment.” While the long-term impact of generative AI remains to be seen, its immediate impact appears to be to alter, perhaps irrevocably, the approach to cloud infrastructure. As the exclusive provider of hardware acceleration to Microsoft for generative AI services, Nvidia should be the provider of choice for AI acceleration in the cloud.</p><h2>The downturn in data center spending may reflect the impact of ChatGPT</h2><p>In the first quarter of this year, the major cloud service providers, Microsoft, Alphabet Inc./Google (GOOG), and Amazon.com, Inc. (AMZN), all grew cloud services revenue substantially. Microsoft’s Intelligent Cloud segment grew revenue by 16% y/y. Google Cloud grew revenue by 28% y/y. Amazon Web Services (&#34;AWS&#34;) grew revenue by 16% y/y.</p><p>Despite this growth, there has been a downturn in spending for cloud services hardware, most notably at Intel Corporation (INTC), where Data Center revenue was down 39% y/y. Furthermore, Intel’s outlook for the second quarter implied a further, though unspecified. y/y revenue decline for Data Center. Things were better at Advanced Micro Devices, Inc. (AMD), where Data center revenue was flat y/y, but the company guided for a y/y Data Center revenue decline in Q2.</p><p>How do we reconcile continued cloud growth with the apparent downturn in cloud infrastructure spending? One could always just attribute it to caution in the face of macroeconomic headwinds, combined perhaps with some digestion of hardware.</p><p>But I think there’s a more fundamental technological shift underway, which has been accelerated by the advent of generative AI. And that’s the shift in focus from traditional CPUs as the main computational engine of the data center to a mix of CPUs and data accelerators, which are mostly GPU-based.</p><p>This is an approach that Nvidia has championed for years, arguing that GPU acceleration is inherently more energy-efficient and cost-effective than CPUs alone. The counter-argument to this has been that CPUs are more versatile, while GPUs are restricted to certain tasks that benefit from the massive parallelism of the GPU.</p><p>But the range of tasks that benefit from the GPU has been growing. Energy-efficient supercomputing is now the almost exclusive domain of GPU acceleration. In commercial cloud services, GPUs accelerate everything from game streaming to the metaverse. And, of course, AI.</p><p>In this regard, AMD, with a substantial portfolio of GPUs is better positioned than Intel, and this may in part account for AMD’s much better Q1 Data Center results. However, the advent of generative AI has upended the market for AI acceleration.</p><p>Probably, GPTs, which is short for Generative Pre-trained Transformer, have rendered conventional GPU acceleration obsolete. When Nvidia unveiled the “Hopper” H100 data center accelerator, in April 2022, it included a “Transformer Engine” to accelerate generative AI workloads. The Transformer Engine builds on Nvidia’s Tensor Cores to provide a 6X speed improvement in training transformers:</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/937d8eecb1d459a3b6b86ac5375a7c33\" tg-width=\"640\" tg-height=\"318\"/></p><p>In a white paper released at the same time, Nvidia explained the motivations for the Transformer Engine:</p><blockquote>Transformer models are the backbone of language models used widely today from BERT to GPT-3 and require enormous compute resources. Initially developed for natural language processing (NLP) Transformers are increasingly applied across diverse fields such as computer vision, drug discovery, and more. Their size continues to increase exponentially, now reaching trillions of parameters and causing their training times to stretch into months, which is impractical for business needs due to the large compute requirements. For example, Megatron Turing NLG (MT-NLG) requires 2048 NVIDIA A100 GPUs running for eight weeks to train. Overall, transformer models have been growing much faster than most other AI models at the rate of 275x every two years for the past five years.</blockquote><p>In 2022, Nvidia’s Transformer engine seemed like merely interesting technology. It was an appropriate innovation considering that Nvidia wanted to stay relevant to the AI research community. I had no sense at the time of how critical it would become to the considerations of cloud providers like Microsoft wishing to make GPTs available to the general public.</p><h2>How Microsoft leaped ahead with the OpenAI collaboration</h2><p>When Microsoft first unveiled its generative AI-powered search and browser back in February, I noted that the company seemed to be much further along in integrating GPTs into its products than Google. And now, as Microsoft offers its AI “copilots” as standard features, Google’s competing “Bard” is still experimental.</p><p>It’s clear that Microsoft has engineered a major coup in AI with the help of its collaboration with OpenAI. Microsoft’s Azure cloud service provides all the hosting for partner OpenAI, including ChatGPT and more advanced generative AIs. Furthermore, it’s clear that Microsoft has had access to OpenAI’s generative AI technology at the code level and has incorporated it into various AI “copilots” that the company now offers.</p><p>But wait, the reader may ask, how did Microsoft develop such a close and apparently exclusive relationship with a non-profit research institution? Well, it turns out that OpenAI isn’t exactly a non-profit. In 2019, OpenAI created the OpenAI LP as a wholly owned for-profit subsidiary. This seems to have been done with the sole intent of providing a recipient for a $1 billion investment from Microsoft.</p><p>Then in January of this year, Microsoft invested another $10 billion in OpenAI LP, as reported by Bloomberg:</p><blockquote>The new support, building on $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems. Microsoft is competing with Alphabet Inc., Amazon.com Inc., and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. to dominate the fast-growing technology that generates text, images and other media in response to a short prompt. At the same time, OpenAI needs Microsoft’s funding and cloud-computing power to crunch massive volumes of data and run the increasingly complex models that allow programs like DALL-E to generate realistic images based on a handful of words, and ChatGPT to create astonishingly human-like conversational text.</blockquote><p>$10 billion is a lot to pay for which amounts to a bunch of code, but it’s code that no one outside of OpenAI and Microsoft has access to.</p><h3>Microsoft’s huge generative AI investment</h3><p>In order to get the jump on Google, which had invented the generative AI approach, Microsoft had to make a massive investment not only in OpenAI’s software but also in hardware, primarily Nvidia hardware. How massive, we’re only beginning to learn through some Microsoft blog posts. A March 13 blog post by John Roach described in general terms the magnitude of the investment:</p><blockquote>In 2019, Microsoft and OpenAI entered a partnership, which was extended this year, to collaborate on new Azure AI supercomputing technologies that accelerate breakthroughs in AI, deliver on the promise of large language models and help ensure AI’s benefits are shared broadly. The two companies began working in close collaboration to build supercomputing resources in Azure that were designed and dedicated to allow OpenAI to train an expanding suite of increasingly powerful AI models. This infrastructure included thousands of NVIDIA AI-optimized GPUs linked together in a high-throughput, low-latency network based on NVIDIA Quantum InfiniBand communications for high-performance computing. The scale of the cloud-computing infrastructure OpenAI needed to train its models was unprecedented – exponentially larger clusters of networked GPUs than anyone in the industry had tried to build, noted Phil Waymouth, a Microsoft senior director in charge of strategic partnerships who helped negotiate the deal with OpenAI.</blockquote><p>Despite the massive infrastructure investment, the customer base at this point was relatively limited to researchers at OpenAI and within Microsoft. The shift from research program to commercial cloud services has been called by Nvidia CEO Jensen Huang and others “the industrialization of AI”.</p><p>During his March 2023 GPU Technology Conference keynote, CEO Huang referred to the required infrastructure as “AI factories.” In designing the AI factory that OpenAI needed, Microsoft certainly had ample opportunity to evaluate various hardware alternatives before settling on Nvidia.</p><h3>Nvidia’s likely sales into Microsoft</h3><p>The construction of these AI factories is still underway and will continue as demand for generative AI services expands. A sense of the business opportunity for Nvidia can be derived from another blog post by Matt Vegas, Principal Product Manager for Azure HPC. In the post, he announces that Microsoft is starting to offer virtual machine instances with a minimum of 8 Nvidia Hopper H100 GPUs. This is scalable for AI use into “thousands” of H100s.</p><p>Essentially, this is an H100-based DGX system in which the 8 H100s are cross-connected by NVLink so that they can function as a single unified GPU. The DGX systems are then linked to each other via Nvidia InfiniBand fiber optic links with a total data bandwidth of 3.2 Tb/sec. That’s right, 10^12 bits/sec.</p><p>How many actual H100 accelerators Microsoft has bought is difficult to determine, but it is apparently in the thousands. We can get a sense of how many thousands by estimating the number of H100s required to host OpenAI services.</p><p>OpenAi has been very secretive about the details of ChatGPT, so it’s difficult to determine the hardware resources that a single instance of ChatGPT requires. Tom’s Hardware has an interesting article in which the author ran a less capable GPT on a PC equipped with an RTX 4090 GPU (Nvidia’s current top of the line for consumers).</p><p>If a single GPU with 24 GB of VRAM can run the lesser GPT, then I would estimate that a single H100 with 80 GB of VRAM would be sufficient to run a ChatGPT instance. This is only an estimate. In fact, an instance of ChatGPT may have its processing spread over multiple H100s and access more than 80 GB of VRAM, depending on the workload. More advanced GPTs, either from OpenAI or Microsoft, might require even more.</p><p>OpenAI reportedly receives 55 million unique visitors per day for an average visit time of 8 minutes. If I assume each visitor gets exclusive use of an H100 for the duration of the visit, then this implies that there must be about 300,000 H100s in the Azure cloud service to handle the load. That would amount to 37,500 H100 DGX systems, worth about $3.75 billion in revenue probably spread over a number of quarters.</p><p>Up to Nvidia’s fiscal 2023 Q4, most of this infrastructure was probably already accounted for in Nvidia’s Data Center business segment revenue. However, the potential for expansion of GPT-like AI services on Azure implies that there is much more to come. Microsoft’s H100-based service, called ND H100 V5, is currently offered for preview only. This is probably to ensure that the available hardware is not overloaded.</p><h2>Investor takeaways: Nvidia “gets there firstest with the mostest” in generative AI</h2><p>Almost every hardware provider in the cloud services space has noted that generative AI represents a huge opportunity. And they’re right, but I doubt that opportunity will be uniformly distributed.</p><p>There’s an old saying that battles are won by the side that “gets there firstest with the mostest,” and this describes Nvidia’s AI acceleration business. While competitors are talking about capturing future opportunities, Nvidia is capturing the present market for generative AI acceleration.</p><p>Nvidia has done this by staying abreast of current developments and presciently anticipating future needs. Nvidia was there from the beginning of OpenAI, when Jensen Huang personally delivered the first DGX system to OpenAI in 2016.</p><p>Nvidia Corporation is about to report the results for its fiscal 2024 Q1 next week (expected May 24 post-market). As usual, I’ll be sharing detailed financial projections for the quarter with Rethink Technology members in advance of the report. I fully expect Data Center revenue to grow significantly y/y, in contrast with Nvidia’s competitors. I remain long Nvidia Corporation stock and rate it a Buy.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia's ChatGPT Windfall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia's ChatGPT Windfall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-21 08:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate ...</p>\n\n<a href=\"https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999001077.SGD":"United International Growth Fund SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4512":"苹果概念","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0109392836.USD":"富兰克林科技股A","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4532":"文艺复兴科技持仓","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4191":"家用电器","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4551":"寇图资本持仓","BK4507":"流媒体概念","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","BK4576":"AR","NVDA":"英伟达","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK4561":"索罗斯持仓","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0882574139.USD":"富达环球消费行业基金A ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4077":"互动媒体与服务","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4579":"人工智能","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC"},"source_url":"https://seekingalpha.com/article/4606070-nvidias-chatgpt-windfall","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2336783547","content_text":"Since OpenAI launched ChatGPT last November, it has become the fastest-growing consumer application, with over 100 million users by January. It has also caused cloud service providers to re-evaluate what AI can do. Microsoft Corporation (MSFT) has gone all-in on generative AI, which is the general term for ChatGPT-like AIs, and hosts all of OpenAI’s services.Nvidia Corporation (NASDAQ:NVDA) CEO Jensen Huang recently declared that generative AI represents an “iPhone moment.” While the long-term impact of generative AI remains to be seen, its immediate impact appears to be to alter, perhaps irrevocably, the approach to cloud infrastructure. As the exclusive provider of hardware acceleration to Microsoft for generative AI services, Nvidia should be the provider of choice for AI acceleration in the cloud.The downturn in data center spending may reflect the impact of ChatGPTIn the first quarter of this year, the major cloud service providers, Microsoft, Alphabet Inc./Google (GOOG), and Amazon.com, Inc. (AMZN), all grew cloud services revenue substantially. Microsoft’s Intelligent Cloud segment grew revenue by 16% y/y. Google Cloud grew revenue by 28% y/y. Amazon Web Services (\"AWS\") grew revenue by 16% y/y.Despite this growth, there has been a downturn in spending for cloud services hardware, most notably at Intel Corporation (INTC), where Data Center revenue was down 39% y/y. Furthermore, Intel’s outlook for the second quarter implied a further, though unspecified. y/y revenue decline for Data Center. Things were better at Advanced Micro Devices, Inc. (AMD), where Data center revenue was flat y/y, but the company guided for a y/y Data Center revenue decline in Q2.How do we reconcile continued cloud growth with the apparent downturn in cloud infrastructure spending? One could always just attribute it to caution in the face of macroeconomic headwinds, combined perhaps with some digestion of hardware.But I think there’s a more fundamental technological shift underway, which has been accelerated by the advent of generative AI. And that’s the shift in focus from traditional CPUs as the main computational engine of the data center to a mix of CPUs and data accelerators, which are mostly GPU-based.This is an approach that Nvidia has championed for years, arguing that GPU acceleration is inherently more energy-efficient and cost-effective than CPUs alone. The counter-argument to this has been that CPUs are more versatile, while GPUs are restricted to certain tasks that benefit from the massive parallelism of the GPU.But the range of tasks that benefit from the GPU has been growing. Energy-efficient supercomputing is now the almost exclusive domain of GPU acceleration. In commercial cloud services, GPUs accelerate everything from game streaming to the metaverse. And, of course, AI.In this regard, AMD, with a substantial portfolio of GPUs is better positioned than Intel, and this may in part account for AMD’s much better Q1 Data Center results. However, the advent of generative AI has upended the market for AI acceleration.Probably, GPTs, which is short for Generative Pre-trained Transformer, have rendered conventional GPU acceleration obsolete. When Nvidia unveiled the “Hopper” H100 data center accelerator, in April 2022, it included a “Transformer Engine” to accelerate generative AI workloads. The Transformer Engine builds on Nvidia’s Tensor Cores to provide a 6X speed improvement in training transformers:In a white paper released at the same time, Nvidia explained the motivations for the Transformer Engine:Transformer models are the backbone of language models used widely today from BERT to GPT-3 and require enormous compute resources. Initially developed for natural language processing (NLP) Transformers are increasingly applied across diverse fields such as computer vision, drug discovery, and more. Their size continues to increase exponentially, now reaching trillions of parameters and causing their training times to stretch into months, which is impractical for business needs due to the large compute requirements. For example, Megatron Turing NLG (MT-NLG) requires 2048 NVIDIA A100 GPUs running for eight weeks to train. Overall, transformer models have been growing much faster than most other AI models at the rate of 275x every two years for the past five years.In 2022, Nvidia’s Transformer engine seemed like merely interesting technology. It was an appropriate innovation considering that Nvidia wanted to stay relevant to the AI research community. I had no sense at the time of how critical it would become to the considerations of cloud providers like Microsoft wishing to make GPTs available to the general public.How Microsoft leaped ahead with the OpenAI collaborationWhen Microsoft first unveiled its generative AI-powered search and browser back in February, I noted that the company seemed to be much further along in integrating GPTs into its products than Google. And now, as Microsoft offers its AI “copilots” as standard features, Google’s competing “Bard” is still experimental.It’s clear that Microsoft has engineered a major coup in AI with the help of its collaboration with OpenAI. Microsoft’s Azure cloud service provides all the hosting for partner OpenAI, including ChatGPT and more advanced generative AIs. Furthermore, it’s clear that Microsoft has had access to OpenAI’s generative AI technology at the code level and has incorporated it into various AI “copilots” that the company now offers.But wait, the reader may ask, how did Microsoft develop such a close and apparently exclusive relationship with a non-profit research institution? Well, it turns out that OpenAI isn’t exactly a non-profit. In 2019, OpenAI created the OpenAI LP as a wholly owned for-profit subsidiary. This seems to have been done with the sole intent of providing a recipient for a $1 billion investment from Microsoft.Then in January of this year, Microsoft invested another $10 billion in OpenAI LP, as reported by Bloomberg:The new support, building on $1 billion Microsoft poured into OpenAI in 2019 and another round in 2021, is intended to give Microsoft access to some of the most popular and advanced artificial intelligence systems. Microsoft is competing with Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. to dominate the fast-growing technology that generates text, images and other media in response to a short prompt. At the same time, OpenAI needs Microsoft’s funding and cloud-computing power to crunch massive volumes of data and run the increasingly complex models that allow programs like DALL-E to generate realistic images based on a handful of words, and ChatGPT to create astonishingly human-like conversational text.$10 billion is a lot to pay for which amounts to a bunch of code, but it’s code that no one outside of OpenAI and Microsoft has access to.Microsoft’s huge generative AI investmentIn order to get the jump on Google, which had invented the generative AI approach, Microsoft had to make a massive investment not only in OpenAI’s software but also in hardware, primarily Nvidia hardware. How massive, we’re only beginning to learn through some Microsoft blog posts. A March 13 blog post by John Roach described in general terms the magnitude of the investment:In 2019, Microsoft and OpenAI entered a partnership, which was extended this year, to collaborate on new Azure AI supercomputing technologies that accelerate breakthroughs in AI, deliver on the promise of large language models and help ensure AI’s benefits are shared broadly. The two companies began working in close collaboration to build supercomputing resources in Azure that were designed and dedicated to allow OpenAI to train an expanding suite of increasingly powerful AI models. This infrastructure included thousands of NVIDIA AI-optimized GPUs linked together in a high-throughput, low-latency network based on NVIDIA Quantum InfiniBand communications for high-performance computing. The scale of the cloud-computing infrastructure OpenAI needed to train its models was unprecedented – exponentially larger clusters of networked GPUs than anyone in the industry had tried to build, noted Phil Waymouth, a Microsoft senior director in charge of strategic partnerships who helped negotiate the deal with OpenAI.Despite the massive infrastructure investment, the customer base at this point was relatively limited to researchers at OpenAI and within Microsoft. The shift from research program to commercial cloud services has been called by Nvidia CEO Jensen Huang and others “the industrialization of AI”.During his March 2023 GPU Technology Conference keynote, CEO Huang referred to the required infrastructure as “AI factories.” In designing the AI factory that OpenAI needed, Microsoft certainly had ample opportunity to evaluate various hardware alternatives before settling on Nvidia.Nvidia’s likely sales into MicrosoftThe construction of these AI factories is still underway and will continue as demand for generative AI services expands. A sense of the business opportunity for Nvidia can be derived from another blog post by Matt Vegas, Principal Product Manager for Azure HPC. In the post, he announces that Microsoft is starting to offer virtual machine instances with a minimum of 8 Nvidia Hopper H100 GPUs. This is scalable for AI use into “thousands” of H100s.Essentially, this is an H100-based DGX system in which the 8 H100s are cross-connected by NVLink so that they can function as a single unified GPU. The DGX systems are then linked to each other via Nvidia InfiniBand fiber optic links with a total data bandwidth of 3.2 Tb/sec. That’s right, 10^12 bits/sec.How many actual H100 accelerators Microsoft has bought is difficult to determine, but it is apparently in the thousands. We can get a sense of how many thousands by estimating the number of H100s required to host OpenAI services.OpenAi has been very secretive about the details of ChatGPT, so it’s difficult to determine the hardware resources that a single instance of ChatGPT requires. Tom’s Hardware has an interesting article in which the author ran a less capable GPT on a PC equipped with an RTX 4090 GPU (Nvidia’s current top of the line for consumers).If a single GPU with 24 GB of VRAM can run the lesser GPT, then I would estimate that a single H100 with 80 GB of VRAM would be sufficient to run a ChatGPT instance. This is only an estimate. In fact, an instance of ChatGPT may have its processing spread over multiple H100s and access more than 80 GB of VRAM, depending on the workload. More advanced GPTs, either from OpenAI or Microsoft, might require even more.OpenAI reportedly receives 55 million unique visitors per day for an average visit time of 8 minutes. If I assume each visitor gets exclusive use of an H100 for the duration of the visit, then this implies that there must be about 300,000 H100s in the Azure cloud service to handle the load. That would amount to 37,500 H100 DGX systems, worth about $3.75 billion in revenue probably spread over a number of quarters.Up to Nvidia’s fiscal 2023 Q4, most of this infrastructure was probably already accounted for in Nvidia’s Data Center business segment revenue. However, the potential for expansion of GPT-like AI services on Azure implies that there is much more to come. Microsoft’s H100-based service, called ND H100 V5, is currently offered for preview only. This is probably to ensure that the available hardware is not overloaded.Investor takeaways: Nvidia “gets there firstest with the mostest” in generative AIAlmost every hardware provider in the cloud services space has noted that generative AI represents a huge opportunity. And they’re right, but I doubt that opportunity will be uniformly distributed.There’s an old saying that battles are won by the side that “gets there firstest with the mostest,” and this describes Nvidia’s AI acceleration business. While competitors are talking about capturing future opportunities, Nvidia is capturing the present market for generative AI acceleration.Nvidia has done this by staying abreast of current developments and presciently anticipating future needs. Nvidia was there from the beginning of OpenAI, when Jensen Huang personally delivered the first DGX system to OpenAI in 2016.Nvidia Corporation is about to report the results for its fiscal 2024 Q1 next week (expected May 24 post-market). As usual, I’ll be sharing detailed financial projections for the quarter with Rethink Technology members in advance of the report. I fully expect Data Center revenue to grow significantly y/y, in contrast with Nvidia’s competitors. I remain long Nvidia Corporation stock and rate it a Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054646809,"gmtCreate":1655387454901,"gmtModify":1676535627905,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost","listText":"Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost","text":"Gone. Money in the bank is the best. At least llose to inflation than market crash + inflation lost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054646809","repostId":"1118727036","repostType":2,"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035196138,"gmtCreate":1647529203744,"gmtModify":1676534241105,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Expensive fuel cost","listText":"Expensive fuel cost","text":"Expensive fuel cost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035196138","repostId":"1149906338","repostType":4,"repost":{"id":"1149906338","pubTimestamp":1647527665,"share":"https://ttm.financial/m/news/1149906338?lang=&edition=fundamental","pubTime":"2022-03-17 22:34","market":"us","language":"en","title":"Oil Climbs Above $100 as Putin Casts Doubt on Talks With Ukraine","url":"https://stock-news.laohu8.com/highlight/detail?id=1149906338","media":"bloomberg","summary":"(Bloomberg) -- Oil advanced above $100 a barrel as Russia cast doubts on the progress of current pea","content":"<html><head></head><body><p>(Bloomberg) -- Oil advanced above $100 a barrel as Russia cast doubts on the progress of current peace talks with Ukraine and investors weigh the absence of Russian barrels in a tight market.</p><p>Futures in New York were up around 7%. A Kremlin spokesman said a report of major progress in talks over Ukraine was “wrong,” but that discussions will continue. The war has severely disrupted Russian oil flows, and the International Energy Agency predicted output from the key OPEC+ member will decline by about a quarter in April. Three cargoes were dropped from Russia’s planned March loadings.</p><p>Global benchmark Brent is trading near $105 a barrel and has swung by more than $5 intraday for 16 consecutive sessions -- the longest such run ever -- as the oil market has been gripped by huge gyrations.</p><p>“To say that oil prices have been volatile recently would be an understatement,” Morgan Stanley analysts Martijn Rats and Amy Sergeant wrote in a note, boosting their forecast for third-quarter Brent prices by $20 to $120 a barrel. “It will likely become progressively more difficult for Russia to maintain its seaborne exports in the coming months.”</p><p>Investors are also monitoring a virus resurgence in China. Traffic congestion levels in partially locked-down Shanghai are more than a third lower than a year ago and there are also restrictions on movement in the manufacturing hub of Shenzhen and in Jilin province.</p><p>Rapid developments in the war in Ukraine and the ensuing sanctions on Russia are driving enormous fluctuations in the market, and holdings in oil contracts have slumped due to the volatility. Libya said Wednesday that OPEC should ramp up supply faster to ease the energy crisis, while U.K. Prime Minister Boris Johnson expressed optimism that Saudi Arabia may raise output, but he received no guarantees from the kingdom’s crown prince.</p><p>Oil markets have experienced huge swings this month, with Brent crude surging to nearly $140 a barrel only to tumble back to slightly above $100. The market is also in the midst of a liquidity crunch, leaving prices vulnerable to big swings. The extent of the liquidation shows up in open interest figures. Holdings for WTI fell to the lowest since 2016, while those for Brent were the lowest since 2015.</p></body></html>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Climbs Above $100 as Putin Casts Doubt on Talks With Ukraine</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Climbs Above $100 as Putin Casts Doubt on Talks With Ukraine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-17 22:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-edges-higher-three-day-000332626.html><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil advanced above $100 a barrel as Russia cast doubts on the progress of current peace talks with Ukraine and investors weigh the absence of Russian barrels in a tight market.Futures ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-edges-higher-three-day-000332626.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-edges-higher-three-day-000332626.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149906338","content_text":"(Bloomberg) -- Oil advanced above $100 a barrel as Russia cast doubts on the progress of current peace talks with Ukraine and investors weigh the absence of Russian barrels in a tight market.Futures in New York were up around 7%. A Kremlin spokesman said a report of major progress in talks over Ukraine was “wrong,” but that discussions will continue. The war has severely disrupted Russian oil flows, and the International Energy Agency predicted output from the key OPEC+ member will decline by about a quarter in April. Three cargoes were dropped from Russia’s planned March loadings.Global benchmark Brent is trading near $105 a barrel and has swung by more than $5 intraday for 16 consecutive sessions -- the longest such run ever -- as the oil market has been gripped by huge gyrations.“To say that oil prices have been volatile recently would be an understatement,” Morgan Stanley analysts Martijn Rats and Amy Sergeant wrote in a note, boosting their forecast for third-quarter Brent prices by $20 to $120 a barrel. “It will likely become progressively more difficult for Russia to maintain its seaborne exports in the coming months.”Investors are also monitoring a virus resurgence in China. Traffic congestion levels in partially locked-down Shanghai are more than a third lower than a year ago and there are also restrictions on movement in the manufacturing hub of Shenzhen and in Jilin province.Rapid developments in the war in Ukraine and the ensuing sanctions on Russia are driving enormous fluctuations in the market, and holdings in oil contracts have slumped due to the volatility. Libya said Wednesday that OPEC should ramp up supply faster to ease the energy crisis, while U.K. Prime Minister Boris Johnson expressed optimism that Saudi Arabia may raise output, but he received no guarantees from the kingdom’s crown prince.Oil markets have experienced huge swings this month, with Brent crude surging to nearly $140 a barrel only to tumble back to slightly above $100. The market is also in the midst of a liquidity crunch, leaving prices vulnerable to big swings. The extent of the liquidation shows up in open interest figures. Holdings for WTI fell to the lowest since 2016, while those for Brent were the lowest since 2015.","news_type":1},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098727848,"gmtCreate":1644240454888,"gmtModify":1676533902973,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Bye Buy tesla","listText":"Bye Buy tesla","text":"Bye Buy tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098727848","repostId":"2209437654","repostType":2,"repost":{"id":"2209437654","pubTimestamp":1644239640,"share":"https://ttm.financial/m/news/2209437654?lang=&edition=fundamental","pubTime":"2022-02-07 21:14","market":"us","language":"en","title":"Tesla Subpoenaed by SEC About Complying With Musk Settlement","url":"https://stock-news.laohu8.com/highlight/detail?id=2209437654","media":"Bloomberg","summary":"(Bloomberg) -- Tesla Inc. received another subpoena from the U.S. Securities and Exchange Commission","content":"<html><head></head><body><p>(Bloomberg) -- Tesla Inc. received another subpoena from the U.S. Securities and Exchange Commission about a subject that keeps coming up: Elon Musk’s tweeting in 2018 that he was considering taking the carmaker private.</p><p>The SEC issued the subpoena Nov. 16, seeking information about Tesla’s governance processes and compliance with a settlement reached with the agency in September 2018, the company said in a regulatory filing. Tesla had agreed to put in place controls to oversee Musk’s communications -- including his tweets -- after the SEC alleged the chief executive officer committed securities fraud by saying he had secured funding for the company to go private.</p><p>Musk and the SEC have been at loggerheads ever since. The agency sought to have a judge find the billionaire in contempt of the settlement early the following year when he tweeted about Tesla’s production outlook without getting prior approval. The two sides agreed in April 2019 to amend their agreement by adding specific topics Musk can’t tweet about, or otherwise communicate in writing, without running it by a company lawyer.</p><p>Ten days before the SEC issued its November subpoena, Musk took an over-the-weekend <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll asking whether he should sell 10% of his Tesla stake. The carmaker’s shares plunged 16% the following two trading days.</p><p>Tesla didn’t elaborate in its filing Monday about what prompted the SEC’s subpoena. Press officials for the agency didn’t immediately respond to a request for comment.</p><p>Musk’s lawyers said in a court filing last week that his August 2018 tweet declaring that he was considering taking Tesla private was “entirely truthful.” Shareholders claim in a class-action suit pending in federal court in San Francisco that Musk’s tweets cost them billions of dollars in losses. They’re seeking a judge’s ruling ahead of a trial set for May 31 that Musk’s tweets were false statements.</p><p>Tesla’s shares rose 1.22% as of 8:24 a.m. Monday before the start of regular trading in New York.</p><p><img src=\"https://static.tigerbbs.com/01e8c984007954267ebef688f6565f71\" tg-width=\"1110\" tg-height=\"760\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Subpoenaed by SEC About Complying With Musk Settlement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Subpoenaed by SEC About Complying With Musk Settlement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-07 21:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-subpoenaed-sec-private-settlement-123102646.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Tesla Inc. received another subpoena from the U.S. Securities and Exchange Commission about a subject that keeps coming up: Elon Musk’s tweeting in 2018 that he was considering taking ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-subpoenaed-sec-private-settlement-123102646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","TSLA":"特斯拉","BK4550":"红杉资本持仓","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓"},"source_url":"https://finance.yahoo.com/news/tesla-subpoenaed-sec-private-settlement-123102646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2209437654","content_text":"(Bloomberg) -- Tesla Inc. received another subpoena from the U.S. Securities and Exchange Commission about a subject that keeps coming up: Elon Musk’s tweeting in 2018 that he was considering taking the carmaker private.The SEC issued the subpoena Nov. 16, seeking information about Tesla’s governance processes and compliance with a settlement reached with the agency in September 2018, the company said in a regulatory filing. Tesla had agreed to put in place controls to oversee Musk’s communications -- including his tweets -- after the SEC alleged the chief executive officer committed securities fraud by saying he had secured funding for the company to go private.Musk and the SEC have been at loggerheads ever since. The agency sought to have a judge find the billionaire in contempt of the settlement early the following year when he tweeted about Tesla’s production outlook without getting prior approval. The two sides agreed in April 2019 to amend their agreement by adding specific topics Musk can’t tweet about, or otherwise communicate in writing, without running it by a company lawyer.Ten days before the SEC issued its November subpoena, Musk took an over-the-weekend Twitter poll asking whether he should sell 10% of his Tesla stake. The carmaker’s shares plunged 16% the following two trading days.Tesla didn’t elaborate in its filing Monday about what prompted the SEC’s subpoena. Press officials for the agency didn’t immediately respond to a request for comment.Musk’s lawyers said in a court filing last week that his August 2018 tweet declaring that he was considering taking Tesla private was “entirely truthful.” Shareholders claim in a class-action suit pending in federal court in San Francisco that Musk’s tweets cost them billions of dollars in losses. They’re seeking a judge’s ruling ahead of a trial set for May 31 that Musk’s tweets were false statements.Tesla’s shares rose 1.22% as of 8:24 a.m. Monday before the start of regular trading in New York.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9010335780,"gmtCreate":1648256652185,"gmtModify":1676534322308,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010335780","repostId":"2222052834","repostType":4,"repost":{"id":"2222052834","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1648249343,"share":"https://ttm.financial/m/news/2222052834?lang=&edition=fundamental","pubTime":"2022-03-26 07:02","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump","url":"https://stock-news.laohu8.com/highlight/detail?id=2222052834","media":"Reuters","summary":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits reco","content":"<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-S&P 500 Ends Higher with Financials as Treasury Yields Jump\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-26 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Financials rise with 10-yr yield</p><p>* Tech shares down, weighing on Nasdaq</p><p>* Utilities sector hits record high</p><p>* Indexes: Dow up 0.4%, S&amp;P 500 up 0.5%, Nasdaq down 0.2%</p><p>* For the week, Dow up 0.3%, S&amp;P 500 up 1.8%, Nasdaq up 2%</p><p>NEW YORK, March 25 (Reuters) - The S&amp;P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.</p><p>The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.</p><p>For the week, the Nasdaq and S&amp;P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.</p><p>The S&amp;P 500 financials sector gave the S&amp;P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.</p><p>Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move &#34;expeditiously&#34; to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.</p><p>U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.</p><p>Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.</p><p>The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.</p><p>That is causing bank stocks to outperform, while &#34;adding more pressure to the riskier elements of the market,&#34; such as growth shares, he said.</p><p>Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.</p><p>The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&amp;P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.</p><p>Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.</p><p>The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.</p><p>The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.</p><p>Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.</p><p>Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.</p><p>The U.S. central bank last week raised interest rates for the first time since 2018.</p><p>&#34;The market&#39;s really macro driven,&#34; said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. &#34;Company fundamentals haven&#39;t really mattered.&#34;</p><p>Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","OEX":"标普100",".SPX":"S&P 500 Index","SPY":"标普500ETF","BK4534":"瑞士信贷持仓","SDS":"两倍做空标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222052834","content_text":"* Financials rise with 10-yr yield* Tech shares down, weighing on Nasdaq* Utilities sector hits record high* Indexes: Dow up 0.4%, S&P 500 up 0.5%, Nasdaq down 0.2%* For the week, Dow up 0.3%, S&P 500 up 1.8%, Nasdaq up 2%NEW YORK, March 25 (Reuters) - The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years.The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally.For the week, the Nasdaq and S&P 500 registered solid gains of 2% and 1.8%, respectively, and the Dow was nominally higher with a 0.3% rise.The S&P 500 financials sector gave the S&P 500 its biggest boost on Friday, rising 1.3%, while technology and consumer discretionary sectors were the only two major sectors to end lower on the day.Investors are assessing how aggressive the Federal Reserve will be as it tightens policy after Fed Chair Jerome Powell this week said that the central bank needed to move \"expeditiously\" to combat high inflation and raised the possibility of a 50-basis-point hike in rates in May.U.S. Treasury yields jumped on Friday, with the benchmark 10-year note surging to nearly three-year highs, as the market grappled with high inflation and a Federal Reserve that could easily spark a downturn as it aggressively tightens policy.Ten-year Treasury yields were last at 2.492% after earlier rising above 2.50% for the first time since May 2019.The equity market is pricing in a higher rate environment, said Keith Buchanan, portfolio manager at Globalt Investments in Atlanta.That is causing bank stocks to outperform, while \"adding more pressure to the riskier elements of the market,\" such as growth shares, he said.Higher borrowing rates benefit banks, while higher rates are a negative for tech and growth stocks, whose valuations rely more heavily on future cash flows.The Dow Jones Industrial Average rose 153.3 points, or 0.44%, to 34,861.24, the S&P 500    gained 22.9 points, or 0.51%, to 4,543.06 and the Nasdaq Composite dropped 22.54 points, or 0.16%, to 14,169.30.Shares of growth companies like Nvidia Corp eased after leading a Wall Street rebound earlier this week.The utilities sector also rose sharply, hitting a record high as investors favored defensive stocks with the Russia-Ukraine war still raging after a month.The sector ended up 1.5% on the day and up 3.5% for the week, while the energy sector ended up 2.3% on the day and jumped more than 7% for the week following sharp gains in oil prices.Moscow signaled on Friday it was scaling back its ambitions in Ukraine to focus on territory claimed by Russian-backed separatists.Economists at Citibank are expecting four 50 basis points interest rate hikes from the Fed this year, joining other Wall Street banks in forecasting an aggressive tightening path against the backdrop of soaring inflation.The U.S. central bank last week raised interest rates for the first time since 2018.\"The market's really macro driven,\" said Steve DeSanctis, small- and mid-capitalization equity strategist at Jefferies in New York. \"Company fundamentals haven't really mattered.\"Volume on U.S. exchanges was 11.92 billion shares, compared with the 14.28 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.08-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.The S&P 500 posted 57 new 52-week highs and five new lows; the Nasdaq Composite recorded 73 new highs and 79 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164085255,"gmtCreate":1624161674977,"gmtModify":1703829857532,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Ridiculous&nbsp;","listText":"Ridiculous&nbsp;","text":"Ridiculous","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164085255","repostId":"1183124175","repostType":4,"repost":{"id":"1183124175","pubTimestamp":1624151620,"share":"https://ttm.financial/m/news/1183124175?lang=&edition=fundamental","pubTime":"2021-06-20 09:13","market":"us","language":"en","title":"Beware these risky tech stocks in your portfolio, strategist Parker warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1183124175","media":"cnbc","summary":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.Growth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.Adam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a f","content":"<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beware these risky tech stocks in your portfolio, strategist Parker warns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeware these risky tech stocks in your portfolio, strategist Parker warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","TWLO":"Twilio Inc","MCHP":"微芯科技","AAPL":"苹果","NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1183124175","content_text":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.\nAdam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a few.\n“We think that portfolio managers should be buying growth stocks again, focusing on positive free cash flow and margin expansion, not earnings-based valuation,” Parker said in a note released Wednesday.\nTrivariate Research used a number of criteria to identify risky stocks, including low or negative correlation to inflation, high correlation to the economic reopening and high levels of company insiders selling their shares. The research firm then identified the eight riskiest names based on those measures.\n“Our view is that these are among the riskiest stocks to own today, so investors who own these names should have disproportionate upside to their base cases to compensate them for these risks,” Parker said.\nTake a look at five of the riskiest technology stocks, according to Trivariate.\nRISKIEST TECH STOCKS, ACCORDING TO TRIVARIATE\n\n\n\nTICKER\nCOMPANY\nPRICE\n%CHANGE\n\n\n\n\nMCHP\nMicrochip Technology Inc\n145.62\n-3.0686\n\n\nTWLO\nTwilio Inc\n367.61\n1.84\n\n\nSQ\nSquare Inc\n237.05\n0.39\n\n\nNVDA\nNVIDIA Corp\n745.55\n-0.0992\n\n\nAAPL\nApple Inc\n130.46\n-1.0092\n\n\n\nApple is on Trivariate’s list of riskiest stocks. The research firm identifies Apple as one of the stocks with the most negative correlation to inflation. Trivariate predicts that if bond yields rise or if fears of inflation continue, shares of Apple will underperform the market.\nNvidiaalso makes the list of risky tech stocks. Trivariate found the semiconductor stock has one of the most asymmetric beta — meaning the stock is consistently more volatile than the broader market during a market pullback compared with typical times.\nTrivariate also named payments companySquare, cloud communications platformTwilioand semiconductor manufacturerMicrochip Technologyamong the riskiest technology stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921446225,"gmtCreate":1671118567067,"gmtModify":1676538493795,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$&nbsp;</a><v-v data-views=\"0\"></v-v>Recession is around the corner, Feds interest ratehike is just the&nbsp;beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king","listText":"<a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$&nbsp;</a><v-v data-views=\"0\"></v-v>Recession is around the corner, Feds interest ratehike is just the&nbsp;beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king","text":"$Vanguard S&P 500 ETF(VOO)$ Recession is around the corner, Feds interest ratehike is just the beginning. Earnings will be affected. People going through retrenchment. Cash on hand is king","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921446225","isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094062697,"gmtCreate":1645023867844,"gmtModify":1676533987808,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"CPF compounding safer?","listText":"CPF compounding safer?","text":"CPF compounding safer?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094062697","repostId":"2211871668","repostType":2,"repost":{"id":"2211871668","pubTimestamp":1645018800,"share":"https://ttm.financial/m/news/2211871668?lang=&edition=fundamental","pubTime":"2022-02-16 21:40","market":"us","language":"en","title":"How $200 Per Month Could Make You a Stock Market Millionaire","url":"https://stock-news.laohu8.com/highlight/detail?id=2211871668","media":"Motley Fool","summary":"It's easier than you may think to make $1 million or more in the stock market.","content":"<html><head></head><body><p>Though the stock market can be intimidating at times, it&#39;s <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the best ways to generate wealth. In fact, even if you can only afford to invest a little cash each month, it&#39;s possible to accumulate hundreds of thousands of dollars or more.</p><p>Becoming a stock market millionaire isn&#39;t always easy, but it&#39;s not as challenging as it may seem. With the right strategy -- and the right investments -- you could accumulate $1 million by investing just $200 per month. Here&#39;s how.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/631cf3238264bad315f43eda4132590c\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><h2>Choosing the right investments</h2><p>There&#39;s no one-size-fits-all approach when it comes to choosing investments, as each individual will have unique preferences and tolerance for risk. However, one type of investment that could be well-suited to many investors is the <b>S&amp;P 500</b> exchange-traded fund (ETF).</p><p>An S&amp;P 500 ETF is a fund that tracks the S&amp;P 500 index itself, so it includes the same stocks as the index and aims to mirror its long-term performance. All 500 companies within the fund are some of the largest and strongest corporations in the U.S., including big names like <b>Apple</b>, <b>Amazon</b>, and <b>Microsoft</b>.</p><p>In addition, because this fund only includes corporations that are behemoths, it&#39;s more likely to survive stock market volatility. While it will still experience short-term dips, the S&amp;P 500 has a decades-long history of recovering from even the worst crashes. While there are never any guarantees in investing, it&#39;s very likely an S&amp;P 500 ETF will recover from future downturns, as well.</p><h2>Building a million-dollar portfolio</h2><p>Historically, the S&amp;P 500 has earned an average rate of return of around 10% per year. This means that while you likely won&#39;t earn 10% returns each and every year, your annual returns should average out to around 10% per year over the course of decades.</p><p>To accumulate at least $1 million in savings, time is your most valuable resource. The more time you have to let your money grow, the less you&#39;ll need to invest each month.</p><p>Say, for example, you&#39;re investing $200 per month while earning a 10% average annual return. At that rate, you&#39;d have $1 million in savings after around 40 years.</p><p>Don&#39;t have 40 years to invest? That&#39;s OK. By investing a little more each month, you can accumulate $1 million in less time. Here&#39;s how much it could take each month to become a stock market millionaire, assuming you&#39;re still earning a 10% average annual return.</p><table border=\"1\"><tbody><tr><th>Number of Years</th><th>Amount Invested per Month</th><th>Total Savings</th></tr><tr><td>35</td><td>$325</td><td>$1.057 million</td></tr><tr><td>30</td><td>$525</td><td>$1.036 million</td></tr><tr><td>25</td><td>$875</td><td>$1.033 million</td></tr><tr><td>20</td><td>$1,500</td><td>$1.031 million</td></tr></tbody></table><p>Calculations by author via Investor.gov.</p><p>The more time you have to invest, the easier it is to build a million-dollar portfolio. But that doesn&#39;t mean it&#39;s impossible if you&#39;re off to a late start.</p><p>Regardless of how much you can afford to invest, you&#39;re better off starting now rather than putting it off. Every year counts, and investing even a little right now could add up to more than you think over time. With the right strategy, you could be on your way to becoming a stock market millionaire.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How $200 Per Month Could Make You a Stock Market Millionaire</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow $200 Per Month Could Make You a Stock Market Millionaire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 21:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/16/how-200-month-make-you-stock-market-millionaire/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though the stock market can be intimidating at times, it's one of the best ways to generate wealth. In fact, even if you can only afford to invest a little cash each month, it's possible to accumulate...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/16/how-200-month-make-you-stock-market-millionaire/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4550":"红杉资本持仓","BK4504":"桥水持仓",".SPX":"S&P 500 Index","BK4559":"巴菲特持仓","SPY":"标普500ETF","BK4534":"瑞士信贷持仓"},"source_url":"https://www.fool.com/investing/2022/02/16/how-200-month-make-you-stock-market-millionaire/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2211871668","content_text":"Though the stock market can be intimidating at times, it's one of the best ways to generate wealth. In fact, even if you can only afford to invest a little cash each month, it's possible to accumulate hundreds of thousands of dollars or more.Becoming a stock market millionaire isn't always easy, but it's not as challenging as it may seem. With the right strategy -- and the right investments -- you could accumulate $1 million by investing just $200 per month. Here's how.Image source: Getty Images.Choosing the right investmentsThere's no one-size-fits-all approach when it comes to choosing investments, as each individual will have unique preferences and tolerance for risk. However, one type of investment that could be well-suited to many investors is the S&P 500 exchange-traded fund (ETF).An S&P 500 ETF is a fund that tracks the S&P 500 index itself, so it includes the same stocks as the index and aims to mirror its long-term performance. All 500 companies within the fund are some of the largest and strongest corporations in the U.S., including big names like Apple, Amazon, and Microsoft.In addition, because this fund only includes corporations that are behemoths, it's more likely to survive stock market volatility. While it will still experience short-term dips, the S&P 500 has a decades-long history of recovering from even the worst crashes. While there are never any guarantees in investing, it's very likely an S&P 500 ETF will recover from future downturns, as well.Building a million-dollar portfolioHistorically, the S&P 500 has earned an average rate of return of around 10% per year. This means that while you likely won't earn 10% returns each and every year, your annual returns should average out to around 10% per year over the course of decades.To accumulate at least $1 million in savings, time is your most valuable resource. The more time you have to let your money grow, the less you'll need to invest each month.Say, for example, you're investing $200 per month while earning a 10% average annual return. At that rate, you'd have $1 million in savings after around 40 years.Don't have 40 years to invest? That's OK. By investing a little more each month, you can accumulate $1 million in less time. Here's how much it could take each month to become a stock market millionaire, assuming you're still earning a 10% average annual return.Number of YearsAmount Invested per MonthTotal Savings35$325$1.057 million30$525$1.036 million25$875$1.033 million20$1,500$1.031 millionCalculations by author via Investor.gov.The more time you have to invest, the easier it is to build a million-dollar portfolio. But that doesn't mean it's impossible if you're off to a late start.Regardless of how much you can afford to invest, you're better off starting now rather than putting it off. Every year counts, and investing even a little right now could add up to more than you think over time. With the right strategy, you could be on your way to becoming a stock market millionaire.","news_type":1},"isVote":1,"tweetType":1,"viewCount":310,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194454235807856,"gmtCreate":1688512302138,"gmtModify":1688512306102,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"This will reduce consuner reliance on oil, and look for other alternative&nbsp;sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla","listText":"This will reduce consuner reliance on oil, and look for other alternative&nbsp;sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla","text":"This will reduce consuner reliance on oil, and look for other alternative sources such as EV. And more new innovations to power vehicles without oil. More benefits to Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/194454235807856","repostId":"1180321845","repostType":2,"repost":{"id":"1180321845","pubTimestamp":1688511983,"share":"https://ttm.financial/m/news/1180321845?lang=&edition=fundamental","pubTime":"2023-07-05 07:06","market":"fut","language":"en","title":"Oil Rallies After Saudi Arabia and Russia Announce Supply Curbs","url":"https://stock-news.laohu8.com/highlight/detail?id=1180321845","media":"Bloomberg","summary":"Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were s","content":"<html><head></head><body><p>Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.</p><p>West Texas Intermediate climbed about 2% in New York, though volumes were subdued due to the July 4 holiday in the US. In a flurry of announcements Monday, Saudi Arabia said it will prolong a unilateral 1 million barrel-a-day supply reduction into August, while Russia declared a cut in exports and output. Algeria planned to make more modest curbs.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ec5908f5775cdbcce5e600a4c82a352a\" tg-width=\"729\" tg-height=\"426\"/></p><p>Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.</p><p style=\"text-align: start;\">Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.</p><p>Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.</p><p style=\"text-align: start;\">Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Rallies After Saudi Arabia and Russia Announce Supply Curbs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Rallies After Saudi Arabia and Russia Announce Supply Curbs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-05 07:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-07-04/latest-oil-market-news-and-analysis-for-july-4><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-07-04/latest-oil-market-news-and-analysis-for-july-4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-07-04/latest-oil-market-news-and-analysis-for-july-4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180321845","content_text":"Oil traded above $71 a barrel a day after OPEC+ linchpins Saudi Arabia and Russia agreed to prop up prices by curbing supply.West Texas Intermediate climbed about 2% in New York, though volumes were subdued due to the July 4 holiday in the US. In a flurry of announcements Monday, Saudi Arabia said it will prolong a unilateral 1 million barrel-a-day supply reduction into August, while Russia declared a cut in exports and output. Algeria planned to make more modest curbs.Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.Russia will reduce oil exports by 500,000 barrels a day in August and aims to lower production by the same amount, Deputy Prime Minister Alexander Novak said. Algeria will reduce output by 20,000 barrels a day next month. So far this year, Moscow has been slow to comply with previously agreed cutbacks amid pressure to keep funds flowing for its war against Ukraine.Saudi Arabia announced its initial 1 million barrel-a-day reduction for July on June 4. Oil prices have failed to rise since then, with Brent crude little changed in the past month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027130354,"gmtCreate":1653985929778,"gmtModify":1676535374153,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Jia lat","listText":"Jia lat","text":"Jia lat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027130354","repostId":"2239235331","repostType":2,"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094064406,"gmtCreate":1645024024019,"gmtModify":1676533987858,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094064406","repostId":"1132808162","repostType":4,"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9098121910,"gmtCreate":1644051562023,"gmtModify":1676533886510,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Facebook no more","listText":"Facebook no more","text":"Facebook no more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9098121910","repostId":"1108894266","repostType":2,"repost":{"id":"1108894266","pubTimestamp":1644024937,"share":"https://ttm.financial/m/news/1108894266?lang=&edition=fundamental","pubTime":"2022-02-05 09:35","market":"us","language":"en","title":"For Meta, a Cheap Stock Isn’t Enough","url":"https://stock-news.laohu8.com/highlight/detail?id=1108894266","media":"Barrons","summary":"Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal resul","content":"<html><head></head><body><p>Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal results on Wednesday night, Facebook parent Meta Platforms lost more than a quarter of its market capitalization, some $250 billion. It was the largest single-day loss of corporate value in U.S. history.</p><p>And the value destruction might not be over. For Facebook, this is different than the privacy scandals and political controversies that have surrounded the company. This time, the problems are with the business itself.</p><p>Meta (ticker: FB) offered a first-quarter outlook that reveals slowing usage of its social media apps and troubling trends in advertising sales. Fixing the problems will take multiple quarters, and potentially years. Meanwhile, the repairs will have to be made as the company pivots to the metaverse, a significant gamble on an unproven technology.</p><p>By the end of a long week of tech earnings (see this week’s Tech Trader), it became clear that Meta’s problems are unique, and not part of a broader industry downturn. Google parent Alphabet (GOOGL) posted strong results driven by demand for advertising space on Google Search and YouTube. And on Thursday afternoon—one day after Meta’s nightmarish report—smaller rivals Snap (SNAP) and Pinterest (PINS) surprised investors with better-than-expected numbers, including Snap’s first-ever profit.</p><p>Amazon.com (AMZN) rounded out the big week of earnings with its own impressive results—including 32% growth in its advertising business. Those reports helped tech stocks snap back on Friday: The Nasdaq Composite rallied 2%, but Meta shares were flat.</p><p>The lack of buying on the dip reflects the serious issues Meta raised with its earnings. For the first quarter, the company sees revenue of $27 billion to $29 billion, up between 3% and 11% from a year ago. That would be a sharp deceleration from 48% growth a year ago. Meta said results would be affected by “headwinds” to both the number of ad impressions generated by its platforms and by pressures on ad pricing.</p><p>The forecast came as a shock to Facebook investors who have grown used to reliable growth, even amid controversy. Meta by its own admission is now dealing with multiple issues: slowing usage of the company’s core social media apps, tough earnings comparisons, decelerating spending by advertisers that are facing labor and product shortages, and intensified competition from TikTok, the short-form video app owned by China-based ByteDance.</p><p>Meta’s mention of weaker ad impressions was the real shocker. The company said its core Facebook business had one million fewer daily average users in the December quarter versus the previous three months. That has never happened before. The slowdown could reflect people spending more time out of the house after two years of severe pandemic restrictions. Alternatively, or perhaps additionally, it could be that people are simply growing a little tired of social media, and using the platforms a little less.</p><p>On its post-earnings call with investors, Meta repeatedly pointed to competition from TikTok. Meta is going after TikTok with a competitive service called Reels, which have been pushed across Facebook feeds. But it is going to take time for Facebook to catch up to TikTok’s popularity, if it ever does. Meanwhile, the issue is cutting into Meta’s revenues.</p><p>“On the impressions side, we expect continued headwinds from both increased competition for people’s time and a shift of engagement within our apps toward video surfaces like Reels, which monetize at lower rates than Feed and Stories,” the company said. In other words, competition from TikTok is forcing Facebook to push users into less profitable parts of its platform.</p><p>On ad pricing, meanwhile, Meta continues to deal with Apple’s (AAPL) adoption of tough new rules that limit advertisers’ ability to track consumer behavior on iOS devices. Those changes weren’t yet in place a year ago, so the comparison will be felt again in the first quarter. “We anticipate modestly increasing ad targeting and measurement headwinds from platform and regulatory changes,” Meta said.</p><p>The company has previously expressed confidence that it could develop workarounds for Apple’s changes, which affect ad targeting along with knowing when ads trigger purchases or other consumer behaviors. But Meta now sounds less confident about a near-term fix, saying the Apple changes will trim its revenue by $10 billion this year.</p><p>Perhaps most worrisome for Facebook is that Snap and Pinterest, rivals that in theory should be suffering a similar slowdown from Apple’s changes, didn’t report the same issues in the quarter.</p><p><b>Falling Hard</b></p><p>Facebook parent Meta Platforms lost more than a quarter of its market value on Thursday. It’s the largest single-day loss of corporate value ever.</p><p><img src=\"https://static.tigerbbs.com/aefbd1011b68d6770961169b97d76d54\" tg-width=\"1059\" tg-height=\"492\" width=\"100%\" height=\"auto\"/></p><p>To be sure, the Meta story still has investor appeal, most notably a cheap stock. After the selloff, Meta trades at a discount to the S&amp;P 500—19.3 times versus 20.3 times, respectively. Meta has also been aggressively buying back stock—$33 billion over the past two quarters. While those purchases look ill-timed, the buybacks suggest that the Meta board considers the stock cheap. That doesn’t mean it can’t get cheaper.</p><p>Meta’s risks are growing and they’re no longer just about Facebook&#39;s legacy business. The company is spending aggressively on its metaverse build out—capital spending this year is expected to be between $29 billion and $34 billion, up from $19.2 billion last year. No one really knows if the plan will work: How many people want to attend concerts, parties, and meetings in an imaginary world while wearing a virtual reality headset? The metaverse has become CEO Mark Zuckerberg’s biggest bet—and it gives the company a quickly changing risk profile, one that looks uncomfortable even with a cheap stock.</p><p>Meta’s user base is mammoth—3.6 billion monthly active users, or close to half the Earth’s population. But growth is finally slowing, the advertising business is in trouble, regulators are circling, and the metaverse is in its infancy. For Meta, it’s a mega set of risks.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>For Meta, a Cheap Stock Isn’t Enough</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFor Meta, a Cheap Stock Isn’t Enough\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-05 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/buy-sell-facebook-meta-stock-51644023283?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal results on Wednesday night, Facebook parent Meta Platforms lost more than a quarter of its market ...</p>\n\n<a href=\"https://www.barrons.com/articles/buy-sell-facebook-meta-stock-51644023283?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/buy-sell-facebook-meta-stock-51644023283?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108894266","content_text":"Suddenly, investors are giving Facebook a big thumbs down. Within 24 hours of reporting dismal results on Wednesday night, Facebook parent Meta Platforms lost more than a quarter of its market capitalization, some $250 billion. It was the largest single-day loss of corporate value in U.S. history.And the value destruction might not be over. For Facebook, this is different than the privacy scandals and political controversies that have surrounded the company. This time, the problems are with the business itself.Meta (ticker: FB) offered a first-quarter outlook that reveals slowing usage of its social media apps and troubling trends in advertising sales. Fixing the problems will take multiple quarters, and potentially years. Meanwhile, the repairs will have to be made as the company pivots to the metaverse, a significant gamble on an unproven technology.By the end of a long week of tech earnings (see this week’s Tech Trader), it became clear that Meta’s problems are unique, and not part of a broader industry downturn. Google parent Alphabet (GOOGL) posted strong results driven by demand for advertising space on Google Search and YouTube. And on Thursday afternoon—one day after Meta’s nightmarish report—smaller rivals Snap (SNAP) and Pinterest (PINS) surprised investors with better-than-expected numbers, including Snap’s first-ever profit.Amazon.com (AMZN) rounded out the big week of earnings with its own impressive results—including 32% growth in its advertising business. Those reports helped tech stocks snap back on Friday: The Nasdaq Composite rallied 2%, but Meta shares were flat.The lack of buying on the dip reflects the serious issues Meta raised with its earnings. For the first quarter, the company sees revenue of $27 billion to $29 billion, up between 3% and 11% from a year ago. That would be a sharp deceleration from 48% growth a year ago. Meta said results would be affected by “headwinds” to both the number of ad impressions generated by its platforms and by pressures on ad pricing.The forecast came as a shock to Facebook investors who have grown used to reliable growth, even amid controversy. Meta by its own admission is now dealing with multiple issues: slowing usage of the company’s core social media apps, tough earnings comparisons, decelerating spending by advertisers that are facing labor and product shortages, and intensified competition from TikTok, the short-form video app owned by China-based ByteDance.Meta’s mention of weaker ad impressions was the real shocker. The company said its core Facebook business had one million fewer daily average users in the December quarter versus the previous three months. That has never happened before. The slowdown could reflect people spending more time out of the house after two years of severe pandemic restrictions. Alternatively, or perhaps additionally, it could be that people are simply growing a little tired of social media, and using the platforms a little less.On its post-earnings call with investors, Meta repeatedly pointed to competition from TikTok. Meta is going after TikTok with a competitive service called Reels, which have been pushed across Facebook feeds. But it is going to take time for Facebook to catch up to TikTok’s popularity, if it ever does. Meanwhile, the issue is cutting into Meta’s revenues.“On the impressions side, we expect continued headwinds from both increased competition for people’s time and a shift of engagement within our apps toward video surfaces like Reels, which monetize at lower rates than Feed and Stories,” the company said. In other words, competition from TikTok is forcing Facebook to push users into less profitable parts of its platform.On ad pricing, meanwhile, Meta continues to deal with Apple’s (AAPL) adoption of tough new rules that limit advertisers’ ability to track consumer behavior on iOS devices. Those changes weren’t yet in place a year ago, so the comparison will be felt again in the first quarter. “We anticipate modestly increasing ad targeting and measurement headwinds from platform and regulatory changes,” Meta said.The company has previously expressed confidence that it could develop workarounds for Apple’s changes, which affect ad targeting along with knowing when ads trigger purchases or other consumer behaviors. But Meta now sounds less confident about a near-term fix, saying the Apple changes will trim its revenue by $10 billion this year.Perhaps most worrisome for Facebook is that Snap and Pinterest, rivals that in theory should be suffering a similar slowdown from Apple’s changes, didn’t report the same issues in the quarter.Falling HardFacebook parent Meta Platforms lost more than a quarter of its market value on Thursday. It’s the largest single-day loss of corporate value ever.To be sure, the Meta story still has investor appeal, most notably a cheap stock. After the selloff, Meta trades at a discount to the S&P 500—19.3 times versus 20.3 times, respectively. Meta has also been aggressively buying back stock—$33 billion over the past two quarters. While those purchases look ill-timed, the buybacks suggest that the Meta board considers the stock cheap. That doesn’t mean it can’t get cheaper.Meta’s risks are growing and they’re no longer just about Facebook's legacy business. The company is spending aggressively on its metaverse build out—capital spending this year is expected to be between $29 billion and $34 billion, up from $19.2 billion last year. No one really knows if the plan will work: How many people want to attend concerts, parties, and meetings in an imaginary world while wearing a virtual reality headset? The metaverse has become CEO Mark Zuckerberg’s biggest bet—and it gives the company a quickly changing risk profile, one that looks uncomfortable even with a cheap stock.Meta’s user base is mammoth—3.6 billion monthly active users, or close to half the Earth’s population. But growth is finally slowing, the advertising business is in trouble, regulators are circling, and the metaverse is in its infancy. For Meta, it’s a mega set of risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":229974040317952,"gmtCreate":1697187780778,"gmtModify":1697187785041,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/229974040317952","repostId":"2375957531","repostType":2,"repost":{"id":"2375957531","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1697187000,"share":"https://ttm.financial/m/news/2375957531?lang=&edition=fundamental","pubTime":"2023-10-13 16:50","market":"us","language":"en","title":"Outset Medical Shares Plunge 36% After Lowering Revenue Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2375957531","media":"Dow Jones","summary":"Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday's close. Shares are down 74% this year.The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, ","content":"<html><head></head><body><p>Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.</p><p>The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday&#39;s close. Shares are down 74% this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb1022c4caa30e378c08adad0c9dbfe\" tg-width=\"843\" tg-height=\"624\"/></p><p>The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, according to FactSet.</p><p>Outset said it expects full-year revenue of $130 million, compared with prior guidance of $140 million to $150 million. Analysts polled by FactSet expected revenue of $144.6 million.</p><p>Chief Executive Leslie Trigg said the company saw a larger-than-expected impact in the field from a recent Food and Drug Administration warning letter. The company is also expecting headwinds from more cautious capital spending in the fourth quarter.</p><p>Outset said it didn&#39;t see any deals fall out of its pipeline.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Outset Medical Shares Plunge 36% After Lowering Revenue Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOutset Medical Shares Plunge 36% After Lowering Revenue Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-10-13 16:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.</p><p>The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday&#39;s close. Shares are down 74% this year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb1022c4caa30e378c08adad0c9dbfe\" tg-width=\"843\" tg-height=\"624\"/></p><p>The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, according to FactSet.</p><p>Outset said it expects full-year revenue of $130 million, compared with prior guidance of $140 million to $150 million. Analysts polled by FactSet expected revenue of $144.6 million.</p><p>Chief Executive Leslie Trigg said the company saw a larger-than-expected impact in the field from a recent Food and Drug Administration warning letter. The company is also expecting headwinds from more cautious capital spending in the fourth quarter.</p><p>Outset said it didn&#39;t see any deals fall out of its pipeline.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OM":"Outset Medical Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2375957531","content_text":"Shares of Outset Medical sank after the company reported lower-than-expected preliminary third-quarter revenue and warned of lower capital spending in the fourth quarter.The stock was down 35.8% to $4.35 in premarket trading Friday, after falling 11% at Thursday's close. Shares are down 74% this year.The San Jose, Calif.-based medical technology company said its revenue rose 9% to $30.4 million in the third quarter, according to preliminary results, missing the $36 million forecast by analysts, according to FactSet.Outset said it expects full-year revenue of $130 million, compared with prior guidance of $140 million to $150 million. Analysts polled by FactSet expected revenue of $144.6 million.Chief Executive Leslie Trigg said the company saw a larger-than-expected impact in the field from a recent Food and Drug Administration warning letter. The company is also expecting headwinds from more cautious capital spending in the fourth quarter.Outset said it didn't see any deals fall out of its pipeline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966146072,"gmtCreate":1669456986797,"gmtModify":1676538198979,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/3577965120664925\">@SR050321&nbsp;</a> here is another post made previously for dividend harvesting, hope this helps","listText":"<a href=\"https://ttm.financial/U/3577965120664925\">@SR050321&nbsp;</a> here is another post made previously for dividend harvesting, hope this helps","text":"@SR050321 here is another post made previously for dividend harvesting, hope this helps","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966146072","repostId":"2275629457","repostType":2,"repost":{"id":"2275629457","pubTimestamp":1665666000,"share":"https://ttm.financial/m/news/2275629457?lang=&edition=fundamental","pubTime":"2022-10-13 21:00","market":"us","language":"en","title":"Dividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions","url":"https://stock-news.laohu8.com/highlight/detail?id=2275629457","media":"seekingalpha","summary":"Mongkol Onnuan The markets started out with a bang in week 84 but barely held onto their gains, fini","content":"<html><body><p><figure><picture> <img height=\"1024px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture><figcaption> <p>Mongkol Onnuan</p></figcaption></figure></p> <p>The markets started out with a bang in week 84 but barely held onto their gains, finishing the week up 0.69% on the S&amp;P 500 and 0.32% on the Nasdaq. The Dividend Harvesting Portfolio finished week<span> 84 in the red again but started to climb its way back to even as it went from being down -12.65% (-$1,050.35) in week 83 to finishing week 84 down -11.56% (-$971.36). At one point, the Dividend Harvesting Portfolio was down around -$550 on Tuesday, but as the markets gave back most of their weekly gains, so did the Dividend Harvesting Portfolio. It's been difficult for me not to change the parameters of this series as I feel there are many great opportunities and want to increase the weekly allotted capital so I can take advantage of the downturn. I made a decision to stick with the $100 per week so all of the metrics are based on the same investment strategy. I think there is still more downside ahead of us, and I plan on dollar cost averaging as the bear market continues. Eventually, the markets will bottom, and as a long-term investor, I plan on capitalizing on these prices while they last.</span></p> <p>In week 84, the Dividend Harvesting Portfolio closed with an account value of $7,429.64. The projected annual income increased to $613.17, which is a forward yield of 8.25%. In week 84, 7 positions generated income, and I collected $3.72 in dividends. Throughout 2022, this portfolio has generated weekly income, and I have collected and reinvested $332.82 in dividends. With week 84's allocated capital, I added a share to my position in Realty Income (O) and the <a href=\"https://laohu8.com/S/EFFE\">Global X</a> S&amp;P 500 Covered Call ETF (XYLD). I recently wrote an article on XYLD and outlined why I am still a fan of this double-digit yielding ETF. I have some ideas for next week, and plan on adding too many of my current positions as time progresses.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598667296143.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p><em>I allocate capital toward big tech, funds, dividends, and growth outside of my retirement accounts. These are not my only investments, but I did open a separate account, so I could easily track and document this series. I intentionally created broad diversification throughout the Dividend Harvesting portfolio so I could benefit from sector rotations and mitigate my downside risk. Investors who are too exposed to growth companies or large-cap tech have gotten crushed as the investment landscape changes. On the growth and tech side of my investments, I am feeling the pain as some of my favorite companies, including Alphabet (GOOGL) (GOOG), Amazon (AMZN), and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META), have been taken to the woodshed.</em></p> <p><em>I am going to address a question that continues to surface. I am not trying to beat the market with this portfolio. I love index funds and am invested in several index funds. I love dividend investing due to the stream of cash flow it generates. I don't want 100% of my assets outside of real estate tied to an S&amp;P index fund. I have created a personal investment strategy that works to achieve my investment goals, and having a stream of income generated from dividends is part of my investment strategy. Low-cost index funds are one of the best investments anyone can make in my opinion, and the Dividend Harvesting portfolio is not meant to be a substitute for an index fund. I have read many questions about dividend investing and wanted to start a portfolio from the ground up and document its progress to disprove many misconceptions, including that you need a large amount of seed capital to make dividend investing work for you.</em></p> <p><em>This series has never been about hitting a target yield, generating a certain amount of profit, or beating the market. I had two specific goals with this series. The first was to create a blueprint for constructing a dividend portfolio by documenting the journey starting from the beginning. The second goal was to illustrate how allocating capital each week toward investing, regardless of the amount, would be beneficial in the long run.</em></p> <p><em>Too many people are under the illusion that you need tens of thousands or even hundreds of thousands to benefit from investing. Instead of using my real dividend portfolio as an example, I decided to start a new account, fund it with $100, and add $100 weekly, providing a step-by-step guide to dividend investing. This methodology doesn't have to be used for dividend investing, and it could be as simple as an S&amp;P index fund or a Total Market fund. Hopefully, this series is inspiring people to invest in their future to attain financial freedom.</em></p> <h2><strong>A Historical Recap of the Dividend Harvesting Portfolio's Investment Principles and Historical Performance </strong></h2> <p><em>Investment Objectives</em></p> <ul> <li>Income generation</li> <li>Downside mitigation through diversification</li> <li>Capital appreciation</li> </ul> <p><em>Below are the fundamental rules I have put in place for this Portfolio:</em></p> <ul> <li>Allocate $100 weekly to this Portfolio</li> <li>Only invest in dividend-producing investments</li> <li>No position can exceed 5% of the Portfolio</li> <li>No sector can exceed 20% of the Portfolio</li> <li>All dividends &amp; distributions are to be reinvested</li> </ul> <p><em>Below is a chart that extends from week 1 through the current week to illustrate the Dividend Harvesting Portfolio's Progression</em></p> <ul> <li>Blue line is my initial investment $100 in week 1, $1,000 in week 10, etc.</li> <li>Red line is the account value at the end of each week</li> <li>Yellow line is the annual dividend income the Dividend Harvesting Portfolio was projected to generate after that week's investments and dividends reinvested</li> </ul> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598660116577.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <h2><strong>The Dividend Harvesting Portfolio Dividend Section</strong></h2> <p>There is no longer an ETN section of the portfolio, and I am not sure if I will be adding ETNs again. Here is how much dividend income is generated per investment basket:</p> <ul> <li>Equities $191.34 (31.20%)</li> <li>ETFs $139.33 (22.72%)</li> <li>REITs $123.52 (20.14%)</li> <li>CEFs $118.63 (19.35%)</li> <li>BDC $40.35 (6.58%)</li> </ul> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598665646966.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598664089584.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>Collecting dividends can serve many functions in a portfolio. Some investors utilize dividends to supplement their income and live off. I am building a dividend portfolio for myself 30 years into the future. Since I am reinvesting every dividend, they serve multiple purposes today. In 2022 alone, I have collected $332.82 in dividend income from 398 dividends across 40 weeks. This has allowed the Dividend Harvesting portfolio to stay in the black while growing the snowball effect.</p> <p>These dividends allow me to gain additional equity in my investments while increasing my future cash flow in down markets. This style of investing isn't for everyone, but if you're looking to generate consistent cash flow while mitigating downside risk, this method has worked for me. I am hoping to collect between $450 and $500 in dividends in 2022, which will be reinvested, and finish the year generating &gt;$700 in annual dividends.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598666248493.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p><em>This next chart illustrates my monthly YoY dividend income progression. Since I started this series in April of 2021, that is where the dividend income starts, illustrated by the blue bars. My dividend income has increased substantially as April's income has grown by 886.2% YoY, March 585.52% YoY, June 476.52% YoY, July's 254.25% YoY, and August 247.13%.</em></p> <p><em>The month of September just finished, and I collected $47.96 in dividend income. This is a YoY increase of $35.45 or 283.37%.</em></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598666323376.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>The Dividend Harvesting Portfolio is producing 588 annual dividends. I am not expecting this to change as I am focusing on dollar cost averaging on current positions.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598676843805.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>The goal of generating enough income from the dividends to purchase an additional share per year has been the never-ending project of this portfolio. There are now 11 total positions generating at least 100% of their share value in dividends within the Dividend Harvesting portfolio. This could fluctuate due to market volatility, but I am looking to have as many positions generating at least 1 share annually from their dividends as I can.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680640686.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <h2><strong>The Dividend Harvesting Portfolio Composition</strong></h2> <p><em>Many of the readers have asked if I could break down the individual positions within these sectors. I created pie charts for each individual sector and have illustrated how much each position represents of that sector of the Dividend Harvesting portfolio. Since I only have 1 position in Food &amp; Staple Retailing and Industrials, I did not make a chart for those. <a href=\"https://laohu8.com/S/MMM\">3M</a> (MMM) and <a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> (WBA) represent 100% of those sectors. The charts will follow the normal portfolio total I have constructed. Please keep the ideas coming, as I am happy to add as much detail to this series as I can.</em></p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680636344.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>In week 84, REITs remained the largest segment of the Dividend Harvesting Portfolio with 17.9% of its value. Individual equities make up 44.97% of the portfolio and generate 31.20% of the dividend income, while ETFs, CEFs, REITs, BDCs, and ETNs represent 55.03% of the portfolio and generate 68.80% of the dividend income. I have a 20% maximum sector weight, so when a singular sector gets close to that level, I make sure capital is allocated away from that area to balance things out. In 2022, I will make an effort to even out these portfolio percentages. As more capital is deployed, the bottom half of the portfolio weighting will increase.</p> <span><span><span></span><table> <tr> <td><p><strong>Industry</strong></p></td> <td><p><strong>Investment</strong></p></td> <td><p><strong>Portfolio Total</strong></p></td> <td><p><strong>% of Portfolio</strong></p></td> </tr> <tr> <td><p>REIT</p></td> <td><p>$1,325.94</p></td> <td><p>$7,428.64</p></td> <td><p>17.85%</p></td> </tr> <tr> <td><p>ETFs</p></td> <td><p>$1,265.42</p></td> <td><p>$7,428.64</p></td> <td><p>17.03%</p></td> </tr> <tr> <td><p>Closed End Funds</p></td> <td><p>$1,080.30</p></td> <td><p>$7,428.64</p></td> <td><p>14.54%</p></td> </tr> <tr> <td><p>Oil, Gas &amp; Consumable Fuels</p></td> <td><p>$636.63</p></td> <td><p>$7,428.64</p></td> <td><p>8.57%</p></td> </tr> <tr> <td><p>Consumer Staples</p></td> <td><p>$519.53</p></td> <td><p>$7,428.64</p></td> <td><p>6.99%</p></td> </tr> <tr> <td><p>Technology</p></td> <td><p>$491.39</p></td> <td><p>$7,428.64</p></td> <td><p>6.61%</p></td> </tr> <tr> <td><p>Financials</p></td> <td><p>$479.33</p></td> <td><p>$7,428.64</p></td> <td><p>6.45%</p></td> </tr> <tr> <td><p>Communication Services</p></td> <td><p>$479.22</p></td> <td><p>$7,428.64</p></td> <td><p>6.45%</p></td> </tr> <tr> <td><p>BDC</p></td> <td><p>$414.74</p></td> <td><p>$7,428.64</p></td> <td><p>5.58%</p></td> </tr> <tr> <td><p>Utility</p></td> <td><p>$253.92</p></td> <td><p>$7,428.64</p></td> <td><p>3.42%</p></td> </tr> <tr> <td><p>Pharmaceuticals</p></td> <td><p>$214.02</p></td> <td><p>$7,428.64</p></td> <td><p>2.88%</p></td> </tr> <tr> <td><p>Industrials</p></td> <td><p>$111.07</p></td> <td><p>$7,428.64</p></td> <td><p>1.50%</p></td> </tr> <tr> <td><p>Independent Power &amp; Renewable Electricity Producers</p></td> <td><p>$94.36</p></td> <td><p>$7,428.64</p></td> <td><p>1.27%</p></td> </tr> <tr> <td><p>Food &amp; Staple Retailing</p></td> <td><p>$61.44</p></td> <td><p>$7,428.64</p></td> <td><p>0.83%</p></td> </tr> <tr> <td><p>Cash</p></td> <td><p>$1.33</p></td> <td><p>$7,428.64</p></td> <td><p>0.02%</p></td> </tr> </table> <span></span></span><button><svg viewbox=\"0 0 16 16\" xmlns=\"http://www.w3.org/2000/svg\"><path clip-rule=\"evenodd\" d=\"M16 11a5 5 0 0 1-5 5H5a5 5 0 0 1-5-5V5a5 5 0 0 1 5-5h6a5 5 0 0 1 5 5v6zm-4.5-2.5h2v-6h-6v2h4v4zm-9-1h2v4h4v2h-6v-6z\" fill-rule=\"evenodd\"></path></svg>Click to enlarge</button></span> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868063902.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868064193.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680639055.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680640817.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680641036.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680638804.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868063959.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680601563.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680641298.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598676804142.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-1665259868063939.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680639539.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <p>In week 84, Exxon Mobil (XOM) reclaimed the top spot after some time floating around the top-ten. Verizon (VZ) is the only other position that has a weighting of over 4%. There is a good chance that in week 85, I will be adding to at least 1 position in the top-10 holdings.</p> <p><figure contenteditable=\"false\"><picture> <span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/10/8/12629971-16652598680642116.png\"/></span> </picture><figcaption><p><span>Steven Fiorillo</span></p></figcaption></figure></p> <h2>Week 84 Additions</h2> <p>In week 84, I used the weekly $100 allotment to add an additional share to:</p> <ul> <li>Realty Income</li> <li>Global X S&amp;P 500 Covered-Call ETF</li> </ul> <p>Realty Income</p> <ul><li>REITs have been crushed as the cost of capital has increased, and treasury yields have risen. O is considered the gold standard of commercial real estate by many investors, and its declined by -14.25% over the previous month. O is now yielding over 5%, and I felt this was a great time to add, as O is close to its 52-week lows. O has 11,400 real estate properties and has declared 627 consecutive monthly dividends with 117 increases. If O stays at these levels or drops lower, I will be adding more shares to my position.</li></ul> <p>Global X S&amp;P 500 Covered-Call ETF</p> <ul><li>I recently wrote an article on XYLD explaining why I am still interested in this ETF. As treasury yields reached 3.89%, income investors have a choice of where to generate income as we are no longer in a yield-starved environment. XYLD has paid 111 consecutive monthly dividends and generates a yield that exceeds 10%. I believe that XYLD will appreciate in value when the markets turn, and I plan on continuing to reinvest all of the dividends along the way.</li></ul> <h2><strong>Week 85 Gameplan</strong></h2> <p>In week 85, I am considering adding to the following positions, Walgreens Boots Alliance (WBA), Intel Corporation (INTC), Verizon (VZ), and <a href=\"https://laohu8.com/S/NNN\">National Retail Properties</a> (NNN). We will see what occurs, but at least 1 of these names will be added to.</p> <h2><strong>Conclusion</strong></h2> <div></div> <p>84 weeks have come and gone, and I can't believe how quickly time has passed. While the markets are down and the Dividend Harvesting Portfolio is in the red, I am very happy with the progress it's made. I am generating $613.17 in annual dividends from an incredibly diversified portfolio that has been holding up quite well throughout the bear market. I look forward to dollar cost averaging into many of these positions as the weeks progress and what this portfolio will look like in the years to come. Please leave your feedback and suggestions below.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDividend Harvesting Week 84 Update: $8,400 Allocated, $613.17 In Annual Dividends Yielding 8.25% Across 77 Positions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-13 21:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4545508-dividend-harvesting-week-84-update><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mongkol Onnuan The markets started out with a bang in week 84 but barely held onto their gains, finishing the week up 0.69% on the S&P 500 and 0.32% on the Nasdaq. The Dividend Harvesting Portfolio ...</p>\n\n<a href=\"https://seekingalpha.com/article/4545508-dividend-harvesting-week-84-update\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1365758819/image_1365758819.jpg","relate_stocks":{"LU0444971666.USD":"天利全球科技基金","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4574":"无人驾驶","BK4122":"互联网与直销零售","SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","AMZN":"亚马逊","OEF":"标普100指数ETF-iShares","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","META":"Meta Platforms, Inc.","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","SG9999002232.USD":"Allianz Global High Payout USD","LU0109392836.USD":"富兰克林科技股A","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4507":"流媒体概念","XYLD":"Global X S&P 500 Covered Call ETF","BK4128":"药品零售","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","GOOGL":"谷歌A","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4566":"资本集团","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","SG9999002521.SGD":"United Global Resources A Acc SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4525":"远程办公概念","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0861579265.USD":"联博低波幅策略股票基金A"},"source_url":"https://seekingalpha.com/article/4545508-dividend-harvesting-week-84-update","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2275629457","content_text":"Mongkol Onnuan The markets started out with a bang in week 84 but barely held onto their gains, finishing the week up 0.69% on the S&P 500 and 0.32% on the Nasdaq. The Dividend Harvesting Portfolio finished week 84 in the red again but started to climb its way back to even as it went from being down -12.65% (-$1,050.35) in week 83 to finishing week 84 down -11.56% (-$971.36). At one point, the Dividend Harvesting Portfolio was down around -$550 on Tuesday, but as the markets gave back most of their weekly gains, so did the Dividend Harvesting Portfolio. It's been difficult for me not to change the parameters of this series as I feel there are many great opportunities and want to increase the weekly allotted capital so I can take advantage of the downturn. I made a decision to stick with the $100 per week so all of the metrics are based on the same investment strategy. I think there is still more downside ahead of us, and I plan on dollar cost averaging as the bear market continues. Eventually, the markets will bottom, and as a long-term investor, I plan on capitalizing on these prices while they last. In week 84, the Dividend Harvesting Portfolio closed with an account value of $7,429.64. The projected annual income increased to $613.17, which is a forward yield of 8.25%. In week 84, 7 positions generated income, and I collected $3.72 in dividends. Throughout 2022, this portfolio has generated weekly income, and I have collected and reinvested $332.82 in dividends. With week 84's allocated capital, I added a share to my position in Realty Income (O) and the Global X S&P 500 Covered Call ETF (XYLD). I recently wrote an article on XYLD and outlined why I am still a fan of this double-digit yielding ETF. I have some ideas for next week, and plan on adding too many of my current positions as time progresses.   Steven Fiorillo I allocate capital toward big tech, funds, dividends, and growth outside of my retirement accounts. These are not my only investments, but I did open a separate account, so I could easily track and document this series. I intentionally created broad diversification throughout the Dividend Harvesting portfolio so I could benefit from sector rotations and mitigate my downside risk. Investors who are too exposed to growth companies or large-cap tech have gotten crushed as the investment landscape changes. On the growth and tech side of my investments, I am feeling the pain as some of my favorite companies, including Alphabet (GOOGL) (GOOG), Amazon (AMZN), and Meta Platforms (META), have been taken to the woodshed. I am going to address a question that continues to surface. I am not trying to beat the market with this portfolio. I love index funds and am invested in several index funds. I love dividend investing due to the stream of cash flow it generates. I don't want 100% of my assets outside of real estate tied to an S&P index fund. I have created a personal investment strategy that works to achieve my investment goals, and having a stream of income generated from dividends is part of my investment strategy. Low-cost index funds are one of the best investments anyone can make in my opinion, and the Dividend Harvesting portfolio is not meant to be a substitute for an index fund. I have read many questions about dividend investing and wanted to start a portfolio from the ground up and document its progress to disprove many misconceptions, including that you need a large amount of seed capital to make dividend investing work for you. This series has never been about hitting a target yield, generating a certain amount of profit, or beating the market. I had two specific goals with this series. The first was to create a blueprint for constructing a dividend portfolio by documenting the journey starting from the beginning. The second goal was to illustrate how allocating capital each week toward investing, regardless of the amount, would be beneficial in the long run. Too many people are under the illusion that you need tens of thousands or even hundreds of thousands to benefit from investing. Instead of using my real dividend portfolio as an example, I decided to start a new account, fund it with $100, and add $100 weekly, providing a step-by-step guide to dividend investing. This methodology doesn't have to be used for dividend investing, and it could be as simple as an S&P index fund or a Total Market fund. Hopefully, this series is inspiring people to invest in their future to attain financial freedom. A Historical Recap of the Dividend Harvesting Portfolio's Investment Principles and Historical Performance  Investment Objectives  Income generation Downside mitigation through diversification Capital appreciation  Below are the fundamental rules I have put in place for this Portfolio:  Allocate $100 weekly to this Portfolio Only invest in dividend-producing investments No position can exceed 5% of the Portfolio No sector can exceed 20% of the Portfolio All dividends & distributions are to be reinvested  Below is a chart that extends from week 1 through the current week to illustrate the Dividend Harvesting Portfolio's Progression  Blue line is my initial investment $100 in week 1, $1,000 in week 10, etc. Red line is the account value at the end of each week Yellow line is the annual dividend income the Dividend Harvesting Portfolio was projected to generate after that week's investments and dividends reinvested    Steven Fiorillo The Dividend Harvesting Portfolio Dividend Section There is no longer an ETN section of the portfolio, and I am not sure if I will be adding ETNs again. Here is how much dividend income is generated per investment basket:  Equities $191.34 (31.20%) ETFs $139.33 (22.72%) REITs $123.52 (20.14%) CEFs $118.63 (19.35%) BDC $40.35 (6.58%)    Steven Fiorillo   Steven Fiorillo Collecting dividends can serve many functions in a portfolio. Some investors utilize dividends to supplement their income and live off. I am building a dividend portfolio for myself 30 years into the future. Since I am reinvesting every dividend, they serve multiple purposes today. In 2022 alone, I have collected $332.82 in dividend income from 398 dividends across 40 weeks. This has allowed the Dividend Harvesting portfolio to stay in the black while growing the snowball effect. These dividends allow me to gain additional equity in my investments while increasing my future cash flow in down markets. This style of investing isn't for everyone, but if you're looking to generate consistent cash flow while mitigating downside risk, this method has worked for me. I am hoping to collect between $450 and $500 in dividends in 2022, which will be reinvested, and finish the year generating >$700 in annual dividends.   Steven Fiorillo This next chart illustrates my monthly YoY dividend income progression. Since I started this series in April of 2021, that is where the dividend income starts, illustrated by the blue bars. My dividend income has increased substantially as April's income has grown by 886.2% YoY, March 585.52% YoY, June 476.52% YoY, July's 254.25% YoY, and August 247.13%. The month of September just finished, and I collected $47.96 in dividend income. This is a YoY increase of $35.45 or 283.37%.   Steven Fiorillo The Dividend Harvesting Portfolio is producing 588 annual dividends. I am not expecting this to change as I am focusing on dollar cost averaging on current positions.   Steven Fiorillo The goal of generating enough income from the dividends to purchase an additional share per year has been the never-ending project of this portfolio. There are now 11 total positions generating at least 100% of their share value in dividends within the Dividend Harvesting portfolio. This could fluctuate due to market volatility, but I am looking to have as many positions generating at least 1 share annually from their dividends as I can.   Steven Fiorillo The Dividend Harvesting Portfolio Composition Many of the readers have asked if I could break down the individual positions within these sectors. I created pie charts for each individual sector and have illustrated how much each position represents of that sector of the Dividend Harvesting portfolio. Since I only have 1 position in Food & Staple Retailing and Industrials, I did not make a chart for those. 3M (MMM) and Walgreens Boots Alliance (WBA) represent 100% of those sectors. The charts will follow the normal portfolio total I have constructed. Please keep the ideas coming, as I am happy to add as much detail to this series as I can.   Steven Fiorillo In week 84, REITs remained the largest segment of the Dividend Harvesting Portfolio with 17.9% of its value. Individual equities make up 44.97% of the portfolio and generate 31.20% of the dividend income, while ETFs, CEFs, REITs, BDCs, and ETNs represent 55.03% of the portfolio and generate 68.80% of the dividend income. I have a 20% maximum sector weight, so when a singular sector gets close to that level, I make sure capital is allocated away from that area to balance things out. In 2022, I will make an effort to even out these portfolio percentages. As more capital is deployed, the bottom half of the portfolio weighting will increase.   Industry Investment Portfolio Total % of Portfolio   REIT $1,325.94 $7,428.64 17.85%   ETFs $1,265.42 $7,428.64 17.03%   Closed End Funds $1,080.30 $7,428.64 14.54%   Oil, Gas & Consumable Fuels $636.63 $7,428.64 8.57%   Consumer Staples $519.53 $7,428.64 6.99%   Technology $491.39 $7,428.64 6.61%   Financials $479.33 $7,428.64 6.45%   Communication Services $479.22 $7,428.64 6.45%   BDC $414.74 $7,428.64 5.58%   Utility $253.92 $7,428.64 3.42%   Pharmaceuticals $214.02 $7,428.64 2.88%   Industrials $111.07 $7,428.64 1.50%   Independent Power & Renewable Electricity Producers $94.36 $7,428.64 1.27%   Food & Staple Retailing $61.44 $7,428.64 0.83%   Cash $1.33 $7,428.64 0.02%   Click to enlarge   Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo  Steven Fiorillo In week 84, Exxon Mobil (XOM) reclaimed the top spot after some time floating around the top-ten. Verizon (VZ) is the only other position that has a weighting of over 4%. There is a good chance that in week 85, I will be adding to at least 1 position in the top-10 holdings.   Steven Fiorillo Week 84 Additions In week 84, I used the weekly $100 allotment to add an additional share to:  Realty Income Global X S&P 500 Covered-Call ETF  Realty Income REITs have been crushed as the cost of capital has increased, and treasury yields have risen. O is considered the gold standard of commercial real estate by many investors, and its declined by -14.25% over the previous month. O is now yielding over 5%, and I felt this was a great time to add, as O is close to its 52-week lows. O has 11,400 real estate properties and has declared 627 consecutive monthly dividends with 117 increases. If O stays at these levels or drops lower, I will be adding more shares to my position. Global X S&P 500 Covered-Call ETF I recently wrote an article on XYLD explaining why I am still interested in this ETF. As treasury yields reached 3.89%, income investors have a choice of where to generate income as we are no longer in a yield-starved environment. XYLD has paid 111 consecutive monthly dividends and generates a yield that exceeds 10%. I believe that XYLD will appreciate in value when the markets turn, and I plan on continuing to reinvest all of the dividends along the way. Week 85 Gameplan In week 85, I am considering adding to the following positions, Walgreens Boots Alliance (WBA), Intel Corporation (INTC), Verizon (VZ), and National Retail Properties (NNN). We will see what occurs, but at least 1 of these names will be added to. Conclusion  84 weeks have come and gone, and I can't believe how quickly time has passed. While the markets are down and the Dividend Harvesting Portfolio is in the red, I am very happy with the progress it's made. I am generating $613.17 in annual dividends from an incredibly diversified portfolio that has been holding up quite well throughout the bear market. I look forward to dollar cost averaging into many of these positions as the weeks progress and what this portfolio will look like in the years to come. Please leave your feedback and suggestions below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":682,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577965120664925","authorId":"3577965120664925","name":"SR050321","avatar":"https://community-static.tradeup.com/news/7a02781de36c0ac0f4851adb1cee54ff","crmLevel":2,"crmLevelSwitch":0,"idStr":"3577965120664925","authorIdStr":"3577965120664925"},"content":"This is a good summary, i must learn to do this for my 2023 year end. This year i did not total up my dividend, so i will try next year, thanks for sharing ! 👍🙏","text":"This is a good summary, i must learn to do this for my 2023 year end. This year i did not total up my dividend, so i will try next year, thanks for sharing ! 👍🙏","html":"This is a good summary, i must learn to do this for my 2023 year end. This year i did not total up my dividend, so i will try next year, thanks for sharing ! 👍🙏"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053619141,"gmtCreate":1654527119983,"gmtModify":1676535463073,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Wait for me","listText":"Wait for me","text":"Wait for me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053619141","repostId":"1149344387","repostType":2,"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9012280878,"gmtCreate":1649339522670,"gmtModify":1676534494110,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012280878","repostId":"1107606630","repostType":2,"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979076341,"gmtCreate":1685372147884,"gmtModify":1685372152864,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Costly mistake. Time to short","listText":"Costly mistake. Time to short","text":"Costly mistake. Time to short","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979076341","repostId":"2338435213","repostType":2,"repost":{"id":"2338435213","pubTimestamp":1685370753,"share":"https://ttm.financial/m/news/2338435213?lang=&edition=fundamental","pubTime":"2023-05-29 22:32","market":"us","language":"en","title":"Netflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2338435213","media":"Motley Fool","summary":"The company is gambling that customers won't cancel.","content":"<html><head></head><body><p><strong>Netflix</strong> has finally done it -- it&#39;s begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about exactly when it would clamp down, and what that enforcement would look like.</p><p>But now that the streamer has put its flag in the sand, some may question whether Netflix has made a savvy choice. Could it turn out to be a big mistake? Let&#39;s break it down.</p><h2>The &#34;100 million&#34; issue</h2><p>After losing millions of subscribers in the first half of fiscal 2022, Netflix decided it was time to deal with the approximately 100 million viewers accessing its content via other people&#39;s login details (also known as &#34;sub accounts&#34;). The company explained that, while subscriber accounts can host multiple profiles, there has been &#34;confusion&#34; among its users, leading to wide-scale account-sharing between households.</p><p>Netflix has long known that its customers were freely passing their login details to others, but for years the company framed it as a net positive.</p><p>&#34;We love people sharing Netflix,&#34; said founder and chairman Reed Hastings in 2016. &#34;It hasn&#39;t really been a problem,&#34; he proclaimed, suggesting that the practice induces nonpaying viewers to eventually sign up for their own accounts.</p><p>Of course, we now know Netflix&#39;s sub-account theory didn&#39;t work as it might have hoped, and so the company has been trying a different strategy -- charging subscribers for password-sharing.</p><h2>Subscriber revolt</h2><p>In March 2022, Netflix began testing a scheme in several Latin American markets, billing users approximately $2 to $3 extra a month for sharing accounts with other households. The practice caught many customers off-guard, leading to complaints. Despite this, Netflix opted to expand its testing to more countries, only to be met by further resistance.</p><p>In September 2022, Netflix introduced sub-account charges in Argentina, where many promised on social media to cancel their accounts. It&#39;s unclear how many ultimately terminated their subscriptions, but the following month, Netflix suspended the pricing trial in Argentina, along with several other Latin American countries.</p><h2>Clamping down on its biggest markets</h2><p>Netflix earmarked the first quarter of 2023 to introduce sub-account fees in the U.S. and the U.K. -- two of its biggest markets by user penetration. However, the streamer subsequently delayed the plan until Q2, acknowledging it had seen some &#34;initial cancel reaction&#34; in other countries, and therefore wanted to make improvements.</p><p>Netflix has now started contacting customers who have sub accounts, informing them of their options: Profiles can be transferred to a stand-alone subscription, or the account holder can pay an extra monthly fee. In the U.S., the cost of each added member is $7.99 per month, while in the U.K. it&#39;s 4.99 pounds (roughly $6.20). Additionally, Standard plan subscribers can only add one member, while Premium customers are capped at two. Subscribers on Netflix&#39;s Standard with Ads or Basic plans cannot add any extra members.</p><h2>A risky strategy for boosting numbers</h2><p>The eagle-eyed might note that, at $7.99 a month, the cost of adding an additional member in the U.S. is $1 more than Netflix&#39;s entry-level $6.99 a month Standard with Ads plan. (&#34;Standard with Adverts&#34; is 4.99 pounds a month in the U.K.) Between this and the caps on added members for Netflix&#39;s higher-cost plans, it seems the company is hoping sub-account fees will help drive new sign-ups for lower-cost offerings.</p><p>In effect, the streamer may be trying to leverage the crackdown as a way to boost its overall subscriber numbers. Netflix has indicated as much, noting that its delayed clampdown was also about finding a solution that &#34;best serves the long-term business goals.&#34; But there are also notable risks -- not least of which is a bigger-than-anticipated &#34;cancel reaction.&#34;</p><p>Last year, Aluma Insights published a study that showed 13% of U.S. respondents said they would cancel their Netflix accounts if the company tried to charge them an additional $3 per month for sub accounts. While there&#39;s no knowing how that figure changes now that Netflix has announced extra fees of almost $8 per month, one can speculate that the rate of those saying they&#39;d cancel would probably go up.</p><p>To Netflix stakeholders, the company seems to be in a bind: Allowing 100 million non-paying viewers is leaving money on the table, but upsetting customers also has real implications. After all, look at Argentina.</p><p>Investors considering what to do may want to hold off until Netflix publishes its next set of numbers. If the streamer manages to offset cancellations with new sign-ups, then it might have hit on the right formula. But if it doesn&#39;t, Netflix may have made a costly mistake.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Is Officially Charging for Account Sharing, and the Risky Move Could Affect the Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-29 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/05/27/netflix-is-officially-charging-for-account-sharing/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix has finally done it -- it's begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/27/netflix-is-officially-charging-for-account-sharing/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2023/05/27/netflix-is-officially-charging-for-account-sharing/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2338435213","content_text":"Netflix has finally done it -- it's begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about exactly when it would clamp down, and what that enforcement would look like.But now that the streamer has put its flag in the sand, some may question whether Netflix has made a savvy choice. Could it turn out to be a big mistake? Let's break it down.The \"100 million\" issueAfter losing millions of subscribers in the first half of fiscal 2022, Netflix decided it was time to deal with the approximately 100 million viewers accessing its content via other people's login details (also known as \"sub accounts\"). The company explained that, while subscriber accounts can host multiple profiles, there has been \"confusion\" among its users, leading to wide-scale account-sharing between households.Netflix has long known that its customers were freely passing their login details to others, but for years the company framed it as a net positive.\"We love people sharing Netflix,\" said founder and chairman Reed Hastings in 2016. \"It hasn't really been a problem,\" he proclaimed, suggesting that the practice induces nonpaying viewers to eventually sign up for their own accounts.Of course, we now know Netflix's sub-account theory didn't work as it might have hoped, and so the company has been trying a different strategy -- charging subscribers for password-sharing.Subscriber revoltIn March 2022, Netflix began testing a scheme in several Latin American markets, billing users approximately $2 to $3 extra a month for sharing accounts with other households. The practice caught many customers off-guard, leading to complaints. Despite this, Netflix opted to expand its testing to more countries, only to be met by further resistance.In September 2022, Netflix introduced sub-account charges in Argentina, where many promised on social media to cancel their accounts. It's unclear how many ultimately terminated their subscriptions, but the following month, Netflix suspended the pricing trial in Argentina, along with several other Latin American countries.Clamping down on its biggest marketsNetflix earmarked the first quarter of 2023 to introduce sub-account fees in the U.S. and the U.K. -- two of its biggest markets by user penetration. However, the streamer subsequently delayed the plan until Q2, acknowledging it had seen some \"initial cancel reaction\" in other countries, and therefore wanted to make improvements.Netflix has now started contacting customers who have sub accounts, informing them of their options: Profiles can be transferred to a stand-alone subscription, or the account holder can pay an extra monthly fee. In the U.S., the cost of each added member is $7.99 per month, while in the U.K. it's 4.99 pounds (roughly $6.20). Additionally, Standard plan subscribers can only add one member, while Premium customers are capped at two. Subscribers on Netflix's Standard with Ads or Basic plans cannot add any extra members.A risky strategy for boosting numbersThe eagle-eyed might note that, at $7.99 a month, the cost of adding an additional member in the U.S. is $1 more than Netflix's entry-level $6.99 a month Standard with Ads plan. (\"Standard with Adverts\" is 4.99 pounds a month in the U.K.) Between this and the caps on added members for Netflix's higher-cost plans, it seems the company is hoping sub-account fees will help drive new sign-ups for lower-cost offerings.In effect, the streamer may be trying to leverage the crackdown as a way to boost its overall subscriber numbers. Netflix has indicated as much, noting that its delayed clampdown was also about finding a solution that \"best serves the long-term business goals.\" But there are also notable risks -- not least of which is a bigger-than-anticipated \"cancel reaction.\"Last year, Aluma Insights published a study that showed 13% of U.S. respondents said they would cancel their Netflix accounts if the company tried to charge them an additional $3 per month for sub accounts. While there's no knowing how that figure changes now that Netflix has announced extra fees of almost $8 per month, one can speculate that the rate of those saying they'd cancel would probably go up.To Netflix stakeholders, the company seems to be in a bind: Allowing 100 million non-paying viewers is leaving money on the table, but upsetting customers also has real implications. After all, look at Argentina.Investors considering what to do may want to hold off until Netflix publishes its next set of numbers. If the streamer manages to offset cancellations with new sign-ups, then it might have hit on the right formula. But if it doesn't, Netflix may have made a costly mistake.","news_type":1},"isVote":1,"tweetType":1,"viewCount":343,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931984078,"gmtCreate":1662383760895,"gmtModify":1676537049314,"author":{"id":"3576459158848626","authorId":"3576459158848626","name":"LJ","avatar":"https://static.tigerbbs.com/eb13bdafee5aedf49c26ce81e9b024da","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576459158848626","authorIdStr":"3576459158848626"},"themes":[],"htmlText":"Long oil","listText":"Long oil","text":"Long oil","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931984078","repostId":"1190367735","repostType":2,"repost":{"id":"1190367735","pubTimestamp":1662382192,"share":"https://ttm.financial/m/news/1190367735?lang=&edition=fundamental","pubTime":"2022-09-05 20:49","market":"fut","language":"en","title":"OPEC+ Agrees to Make Token Supply Cut to Steady Oil Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1190367735","media":"Bloomberg","summary":"OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a","content":"<html><head></head><body><p>OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a faltering economic backdrop triggered the longest price rout in two years.</p><p>The group will reduce production by 100,000 barrels a day next month, taking supplies back to August levels, it said in a statement. In its final communique after Monday’s online conference, the alliance also highlighted that it would be willing to call another ministerial meeting at any time if needed to address market developments. Its next scheduled talks will be on Oct. 5.</p><p>The surprise move from OPEC+ exactly reverses the September increase that was made in response to entreaties from US President Joe Biden to help bring down oil prices. It could come as worrying development for consuming nations as they grapple the inflationary squeeze from crude at $95 a barrel and the prospect of a winter energy crunch. Markets are on track to tighten as the European Union sanctions Russian crude over its invasion of Ukraine.</p><p>Although the cut is “is inconsequential in volume terms, it is rather intended to send he signal that OPEC+ is back into a price-watch mode,” said Bill Farren-Price, head of macro oil and gas research at Enverus. The group may hope this move “will be enough to deter any short-sellers.”</p><p>Brent crude was 3.2% higher at $96.03 a barrel as of 1:16 p.m. in London.</p><p>While traders mostly expected the Organization of Petroleum Exporting Countries and its allies would hold steady, the coalition’s leading producer had indicated it might be about to pivot. Saudi Energy Minister Prince Abdulaziz bin Salman said a couple of weeks ago that the OPEC+ alliance -- which has just finished restoring the output halted during the 2020 pandemic -- was now considering cuts as a way to stabilize excessive volatility in global markets.</p><p>Crude futures had lost 20% in the past three months on fears of a global economic slowdown, imperiling the revenue windfall being enjoyed this year by the Saudis and their partners. China, the biggest oil importer, has exhibited signs of an “alarming” economic slowdown, with apparent consumption sinking 9.7% in July to a two-year low amid weaker business activity and harsh Covid-19 curbs. Meanwhile, the US has skirted close to recession and pursued stricter monetary policy.</p><p>Nonetheless, the decision to cut clashes somewhat with the OPEC+ alliance’s own outlook. Analysis from an OPEC+ committee that met last Wednesday showed that global demand will be higher than supplies in the fourth quarter, causing inventories to draw down at a rate of 300,000 barrels a day.</p><p>OPEC’s newly-appointed Secretary-General, Haitham Al Ghais, said in mid-August that he expects a “bullish” surge of demand from consumers eager to resume normalcy after two-years of Covid restrictions.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>OPEC+ Agrees to Make Token Supply Cut to Steady Oil Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOPEC+ Agrees to Make Token Supply Cut to Steady Oil Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 20:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/opec-agrees-token-supply-cut-121714949.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a faltering economic backdrop triggered the longest price rout in two years.The group will reduce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/opec-agrees-token-supply-cut-121714949.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/opec-agrees-token-supply-cut-121714949.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190367735","content_text":"OPEC+ agreed to make a token oil supply cut for October, seeking to stabilize global markets after a faltering economic backdrop triggered the longest price rout in two years.The group will reduce production by 100,000 barrels a day next month, taking supplies back to August levels, it said in a statement. In its final communique after Monday’s online conference, the alliance also highlighted that it would be willing to call another ministerial meeting at any time if needed to address market developments. Its next scheduled talks will be on Oct. 5.The surprise move from OPEC+ exactly reverses the September increase that was made in response to entreaties from US President Joe Biden to help bring down oil prices. It could come as worrying development for consuming nations as they grapple the inflationary squeeze from crude at $95 a barrel and the prospect of a winter energy crunch. Markets are on track to tighten as the European Union sanctions Russian crude over its invasion of Ukraine.Although the cut is “is inconsequential in volume terms, it is rather intended to send he signal that OPEC+ is back into a price-watch mode,” said Bill Farren-Price, head of macro oil and gas research at Enverus. The group may hope this move “will be enough to deter any short-sellers.”Brent crude was 3.2% higher at $96.03 a barrel as of 1:16 p.m. in London.While traders mostly expected the Organization of Petroleum Exporting Countries and its allies would hold steady, the coalition’s leading producer had indicated it might be about to pivot. Saudi Energy Minister Prince Abdulaziz bin Salman said a couple of weeks ago that the OPEC+ alliance -- which has just finished restoring the output halted during the 2020 pandemic -- was now considering cuts as a way to stabilize excessive volatility in global markets.Crude futures had lost 20% in the past three months on fears of a global economic slowdown, imperiling the revenue windfall being enjoyed this year by the Saudis and their partners. China, the biggest oil importer, has exhibited signs of an “alarming” economic slowdown, with apparent consumption sinking 9.7% in July to a two-year low amid weaker business activity and harsh Covid-19 curbs. Meanwhile, the US has skirted close to recession and pursued stricter monetary policy.Nonetheless, the decision to cut clashes somewhat with the OPEC+ alliance’s own outlook. Analysis from an OPEC+ committee that met last Wednesday showed that global demand will be higher than supplies in the fourth quarter, causing inventories to draw down at a rate of 300,000 barrels a day.OPEC’s newly-appointed Secretary-General, Haitham Al Ghais, said in mid-August that he expects a “bullish” surge of demand from consumers eager to resume normalcy after two-years of Covid restrictions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":596,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}